Question: i need help please Question 1 5 pts Libscomb Technologies' annual sales are $6,506,827 and all sales are made on credit, it purchases $3,137,896 of
Question 1 5 pts Libscomb Technologies' annual sales are $6,506,827 and all sales are made on credit, it purchases $3,137,896 of materials each year (and this is its cost of goods sold). Libscomb also has $594,199 of inventory, $509,940 of accounts receivable, and beginning and ending of year $454,416 and $483,588 accounts payables (respectively). Assume a 365 day year. What is Libscomb's Cash Cycle (in days)
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