Calculate the operating cycle and cash cycle

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Reference no: EM131548907

Given the following financial statement information,

Calculate the Operating Cycle.

Calculate the Cash Cycle.

Item                                     Beginning                           Ending

Inventory                            $8,732                                 $9,418

Accounts Receivable        3,721                                 4,162

Accounts Payable             4,384                                 4,791

Net Sales                            $138,503

Cost of Goods Sold            86,313

For computing turnover ratios, use average balances and a 365-day year.

Show all your work please

Reference no: EM131548907

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