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 Summary
The solution calculates and interprets operating and cash cycles.
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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 / ...
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