Question: Consider the following financial statement information for Lawn & Order Corporation: Item Beginning Ending Inventory $10,583 $12,142 Accounts receivable 5,130 5,340 Accounts payable 7,205 7,630

Consider the following financial statement information for Lawn & Order Corporation: Item Beginning Ending Inventory $10,583 $12,142 Accounts receivable 5,130 5,340 Accounts payable 7,205 7,630 Credit sales $97,381 Cost of goods sold 69,382 Required 1. Calculate the operating and cash cycles. Assume 365 days in a year

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