Question: Problem 18-6 Calculating Cycles [LO1] Consider the following financial statement information for the Newk Corporation: Consider the following financial statement Information for the Newk Corporation:

Problem 18-6 Calculating Cycles [LO1]

Consider the following financial statement information for the Newk Corporation:

Consider the following financial statement Information for the Newk Corporation: Calculate the operating and cash cycles. (Use 365 days a year. Do not round Intermedlate calculations and round your answers to 2 decimal places, e.g., 32.16.)

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