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Operating and cash cycles

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

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.

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