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Calculate the operating and cash cycles


The Operating and Cash cycles: Consider the following financial statement information for the Glory Road company:

 Item

Beginning

Ending

Inventory

$1,543

$1,669

Accounts receivable

  4,418

   3,952

Accounts payable

  2,551

   2,673

Net sales $11,500             Cost of goods sold $8,200
 
Calculate the operating and cash cycles:

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Accounting Basics: Calculate the operating and cash cycles
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