Question: Question 3 1 pts Calculate the operating cycle based on the following information: Sales = $68,113 COGS = $33,492 Inventory = $14,805 Accounts Receivable =

Question 3 1 pts Calculate the operating cycle based on the following information: Sales = $68,113 COGS = $33,492 Inventory = $14,805 Accounts Receivable = $24,606 Enter your answer rounded off to two decimal points. Question 4 1 pts The table contains the Sales estimates Month Sales $ Month Sales $ for the next yea r. Jan July 58,356 20,372 Sales are collected as follows: In the month of Sales: 30% Feb Aug In the next month: 31% 66'673 52'462 After 2 months: 12% Mar Sep After 3 months: remainder is collected 52,462 58356 What is the cash collection forJuly? Apr Oct 20,372 52,462 Enter your answer rounded off to two decimal points. Do not enter$ or May 58,356 NOV 66,673 comma in the answer box. June Dec 66,673 20,372 Question 5 1 pts The terms of the sale were 4/12, net 53. What is the effective annual rate of interest? Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box

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