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

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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