Calculate the operating and cash cycles

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Reference no: EM13264819

Consider the following financial statement information for the Schwertzec Corporation:

  Item Beginning



Ending
  Inventory $ 10,800



$ 11,800
  Accounts receivable
5,800




6,100
  Accounts payable
8,000




8,400
     Credit sales


$ 88,000



     Cost of goods sold



68,000




Calculate the operating and cash cycles.

 

Reference no: EM13264819

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