Question: You are given the following information: Net sales were 900,000 COGS were 710,000 Find the operating cycle and then describe conditions under which this would

You are given the following information:

Beginning Ending 275,000 150,000 120,000 Average 210.000 130.000 105,000 Item Inventory 150,000


Net sales were 900,000
COGS were 710,000
Find the operating cycle and then describe conditions under which this would be a good number and when it would be a badnumber.

Beginning Ending 275,000 150,000 120,000 Average 210.000 130.000 105,000 Item Inventory 150,000 Accounts Receivable Accounts Payable 90,000

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