Question: Consider the following financial statement data for Flip Sound Systems: Flip Sound System Financial Statement Data Item Beginning Balance Ending Balance Inventory 10,650 12,813 Accounts
Consider the following financial statement data for Flip Sound Systems:
| Flip Sound System Financial Statement Data | ||
| Item | Beginning Balance | Ending Balance |
| Inventory | 10,650 | 12,813 |
| Accounts Receivable | 6,068 | 7,666 |
| Accounts Payable | 8,475 | 10,981 |
| Net Sales | 99,105 | |
| Cost of Goods Sold | 59,601 | |
What is Flips Operating Cycle? (Round answers to 1 decimal place. Do not round intermediate calculations)
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