Question: How do you interpret your answer A company has a credit sale (revenue) is $127,382 and cost of sales is $76,157. Now, consider the following

How do you interpret your answer

A company has a credit sale (revenue) is $127,382 and cost of sales is $76,157. Now, consider the following financial statement information for the company Item Beginning Ending Inventory $11,718 $14, 865 Accounts receivable $5860 $6127 Accounts payable $7930 $8930 Calculate the following: 1- The Operating cycle. (7 marks) 2- The Cash cycle. (7 marks) 3- How do you interpret your answer? (6 marks)

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