Calculate the operating cycle and the cash cycle

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Calculate the operating cycle and the cash cycle in terms of days for Jumping Sports Inc based on the below. Use a 365 day year.

Inventory:

Beginning = $400,000

Ending = $600,000

Accounts Receivable:

Beginning = $250,000

Ending = $400,000

Accounts Payable:

Beginning = $125,000

Ending = $175,000

Net sales = $2,300,000

Cost of Goods sold = $1,750,000

Reference no: EM132477986

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