Question: Round answer to 4 decimal places How long is the Operating Cycle? How long is the Cash Cycle? What is Net Working Capital for 2016?

Round answer to 4 decimal places

Round answer to 4 decimal places How long is the Operating Cycle?How long is the Cash Cycle? What is Net Working Capital for

How long is the Operating Cycle? How long is the Cash Cycle? What is Net Working Capital for 2016? \begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Assets } & \multicolumn{1}{|c|}{2015} & \multicolumn{1}{c|}{2016} \\ \hline \multicolumn{1}{|c|}{ Total } & $45.00 & $50.00 \\ \hline Cash & $307.00 & $269.00 \\ \hline A/R & $134.00 & $255.00 \\ \hline Inventory & $1,000.00 & $1,200.00 \\ \hline Total Assets & $1,486.00 & $1,774.00 \\ \hline Net Fixed Assets & & \\ \hline \multicolumn{1}{|c|}{ Liabilities } & & \\ \hline Accounts Payable & $144.00 & $280.00 \\ \hline Notes Payable & $150.00 & $125.00 \\ \hline & $294.00 & $405.00 \\ \hline Long-Term Debt & $500.00 & $750.00 \\ \hline Common Stock & $400.00 & $400.00 \\ \hline Retained Earnings & $292.00 & $219.00 \\ \hline \multicolumn{1}{|c|}{ Total Liabilities } & $1,486.00 & $1,774.00 \\ \hline & & \\ \hline \multicolumn{1}{|c|}{ Sales } & & \\ \hline Sales & & $3,660.00 \\ \hline Cost of Goods Sold & & $2,928.00 \\ \hline Depreciation & & $200.00 \\ \hline EBIT & & $532.00 \\ \hline Interest & & $40.00 \\ \hline Taxes & & $212.80 \\ \hline Net Income & & $279.20 \\ \hline \end{tabular}

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