Question: Given the following financial statement data, calculate the operating cycle for this company. In millions Credit sales $40,000 Cost of goods sold $18,000 Accounts Receivable

Given the following financial statement data, calculate the operating cycle for this company. In millions Credit sales $40,000 Cost of goods sold $18,000 Accounts Receivable avg $3,700 Inventory- Beg bal $1,700 Inventory - End bal $2,200 Accounts Payable $1,500 Use this information above for Number 14 and 15. 14. The operating cycle for this company is: 15. What is the number of days of receivables
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