Question: From the following data, calculate the operating cycle and the Cash Cycle (10 Marks). For operating Cycle 4 Marks for correct calculation and 1 Mark

From the following data, calculate the operating cycle and the Cash Cycle (10 Marks). For operating Cycle 4 Marks for correct calculation and 1 Mark for correct answer to equal a total of 5 Marks and for Cash Cycle - 4 Marks for correct calculation and 1 Mark for correct answer to equal a total of 5 Marks .

Inventory:

Beginning = 200 000: Ending = 300 000

Accounts Receivable:

Beginning = 160 000: Ending = 200 000

Accounts Payable:

Beginning = 75 000: Ending = 100 000

Revenue = 1 150 000

Cost of Sales = 820 000

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