Question: suppose your average inventory is $10,000, you average receivables balance is 49,000 and your average payables balance is $4,000. Net sales are $100,000 and cost

suppose your average inventory is $10,000, you average receivables balance is 49,000 and your average payables balance is $4,000. Net sales are $100,000 and cost of goods sold is $50,000. what are the operating cycle and cash cycle?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!