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    Operating and cash cycles

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    Calculate the operating and cash cycles and how is this interpretated?

    Item Beginning Ending
    Inventory $9146.00 $11,416.00
    Accts receivable $4,819.00 $5,627
    Accts payable $8,126 $8,526
    Net sales: $70,126
    Cost of goods sold: $52,143

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    Solution Preview

    Beginning of the year End of the year Average =(Beginning + Ending)/2

    Inventory=9146 11416 10281

    Accounts receivables=4819 5627 5223

    Accounts payable=8126 8526 8326

    Annual Per day

    Sales 70,126 192.13=70126 / ...

    Solution Summary

    The solution calculates and interprets operating and cash cycles.