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A company has the following values on the financial statements: Inventory beginning balance$125,000, ending balance $134,000. Accounts Receivable beginning balance $72,000 and$74,300 ending balance. Accounts Payable beginning balance is $90,500 and ending balanceis $92,000. Credit sales of $1,200,000 and Cost of goods sold of $850,000. Required:Calculate the operating and cash cycles?
Sagot :
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