Question: Question: Given the following financial statement information, Calculate the Operating Cycle. Calculate the Cash Cycle. Item Beginning Ending Inventory $8,732 $9,418 Accounts Receivable 3,721 4,162

Question: Given the following financial statement information,

Calculate the Operating Cycle.

Calculate the Cash Cycle.

Item Beginning Ending

Inventory $8,732 $9,418

Accounts Receivable 3,721 4,162

Accounts Payable 4,384 4,791

Net Sales $138,503

Cost of Goods Sold 86,313

For computing turnover ratios, use average balances and a 365-day year.

Show all your work please

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