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Computing and interpret operating and cash cycles

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Reference no: EM1349716

Consider the following financial statement information for the Bulldog Icers Corporation:

Item Beginning Ending
Inventory $8,413 $10,158
Accounts receivable 5,108 5,439
Accounts payable 6,927 7,625
Net sales $67,312
Cost of goods sold 52,827

Calculate the operating and cash cycles. How do you interpret your answer?

Reference no: EM1349716

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