Inventory Beginning Ending Accounts receivable $10,583 $12,142 Accounts payable 5,130 5,340 Credit sales 7,205 7,630 $97,381 Cost
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Question:
Inventory | Beginning | Ending |
Accounts receivable | $10,583 | $12,142 |
Accounts payable | 5,130 | 5,340 |
Credit sales | 7,205 | 7,630 |
$97,381 | ||
Cost of goods sold | 69,382 |
Calculate the operating and cash cycle. Assume that year has 365 days. When you are done with your calculations
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