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