Question: Question B4 (6 marks) Consider the following financial statement information for Start-Up International: Item Beginning ($) Ending ($) Inventory 42,600 46,000 Accounts receivable 35,000 30,500

Question B4 (6 marks) Consider the following financial statement information for

Question B4 (6 marks) Consider the following financial statement information for Start-Up International: Item Beginning ($) Ending ($) Inventory 42,600 46,000 Accounts receivable 35,000 30,500 Account payable 31,000 34,000 Net Sales: $350,000 Cost of Goods Sold: $180,000 Assume all sales are on credit. Calculate the cash cycle of Start-Up International. (6 marks)

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