Solution-Calculate buckeye companys 2019 operating cycle

Calculate buckeye companys 2019 operating cycle

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Reference no: EM13990325

The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2019 and December 31, 2019:

	1-Jan-19	31-Dec-19
Accounts receivable	42,000	34,000
Inventory	57,000	71,000

The following information was taken from Buckeye Company's 2019 income statement:

Sales revenue	$693,500
Cost of goods sold	467,200
Salaries expense	135,900
Gain on sale of land	2,000
Net income	$92,400

Calculate Buckeye Company's 2019 operating cycle. Enter your answer as a number (i.e., 94).

Do not use decimals or a $ in your answer. Additionally, do not type the word days after your answer.

Reference no: EM13990325

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Calculate buckeye companys 2019 operating cycle : The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2019 and December 31, 2019: Calculate Buckeye Company's 2019 operating cycle. Enter your answer as a number (i.e., 94). Do not use decimals or a $ ..

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Calculate buckeye companys 2019 operating cycle

Reference no: EM13990325

Reference no: EM13990325

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