Ansley inc wants to understand its operating and cash cycle, Financial Management

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Ansley inc wants to understand its operating and cash cycle

Ansley Inc. wants to understand its operating and cash cycle better. With the information from the firm's financial statements below, please help them to calculate their operating and cash cycle.

Cost of Goods Sold: 525,000

Average Inventory: 310,000

Credit Sales: 750,000

Average Receivables: 198,000

Average Payables: 115,000

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Financial Management: Ansley inc wants to understand its operating and cash cycle

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