Question: Saved Problem 1 6 - 1 5 Cash and Operating Cycles [ LO 3 ] Valenzuela, Incorporated, has a cash cycle of 4 5 days,
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Problem Cash and Operating Cycles LO
Valenzuela, Incorporated, has a cash cycle of days, an operating cycle of days, and an inventory period of days. The company reported cost of goods sold in the amount of $ and credit sales were $ What is the company's average balance in accounts payable and accounts receivable?
Note: Do not round intermediate calculations and round your answers to decimal places, eg
tableAverage accounts payable,Average accounts receivable,
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