Calculate the operating and cash conversion cycles

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Operating and Cash Conversion Cycles. Consider the following selected financial data for the Cloud 9 Retailer:

Item

Beginning


Ending

Inventory

$5,000


$7,000

Accounts receivable

1,600


2,400

Accounts payable

2,700


4,800

Net credit sales


$50,000


Cost of goods sold


30,000


Calculate the operating and cash conversion cycles (CFM adapted).

Reference no: EM13539786

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