Calculate operating and cash cycles

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Reference no: EM131973733

Consider the following financial statement information for the Zamboni Icers Corporation: Item Beginning Ending Inventory $ 11,500 $ 12,500 Accounts receivable 6,500 6,800 Accounts payable 8,700 9,100 Net sales $ 95,000 Cost of goods sold 75,000 All sales are on credit. Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Operating cycle days Cash cycle days

Reference no: EM131973733

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