Question: Required: (a) Calculate the operating cycles. (Do not round your intermediate calculations.) (Click to select) 39.74days 89.94days 93.53days 36.55days 86.34days (b) Calculate the cash cycle.

| Required: |
| (a) | Calculate the operating cycles. (Do not round your intermediate calculations.) |
| (Click to select) 39.74days 89.94days 93.53days 36.55days 86.34days |
| (b) | Calculate the cash cycle. (Do not round your intermediate calculations.) |
Consider the following financial statement information for the Mediate Corporation: Item Inventory Accounts receivable Accounts payable Credit sales Cost of goods sold Beginning $ 10,937 6,640 9,005 Ending $ 13,461 8,173 11,083 $ 107,699 68,675
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