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Calculate the operating and cash cycles

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Reference no: EM132444635

Consider the following financial statement information for the Keenan Corporation: Item Beginning Ending Inventory $9,582 $10,380 Accounts receivable 4,851 5,381 Accounts payable 5,152 5,493 Net sales $138,503 Cost of goods sold 86,313 Assume all sales are on credit. Calculate the operating and cash cycles.

Reference no: EM132444635

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