Question: D Question 5 1 pts Libscomb Technologies annual sales are $5,795,190 and all sales are made on credit, it purchases $3,056,932 of materials each year
D Question 5 1 pts Libscomb Technologies annual sales are $5,795,190 and all sales are made on credit, it purchases $3,056,932 of materials each year (and this is its cost of goods sold). Libscomb also has $542277 of inventory, $516,057 of accounts receivable, and $473,239 of accounts payable. Assume a 365 day year, What is Libscomb's Operating Cycle (in days)
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