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Consider the following financial statement information for the Amaryliss Corporation: Item Beginning Ending Inventory $9,682 $10,480 Accounts receivable 4,951 5,481 Accounts payable 5,252 5,593 Net sales $138,603 Cost of goods sold 86,413

Required: Assume all sales are on credit. Calculate the operating and cash cycles. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

Operating cycle days

Cash cycle days

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91622930

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