(Answered) Using the following informationcredit sales 30000

Finance

Using the following information:

Credit Sales: $30,000 million

Cost of goods sold: $25,000 million

Accounts receivable: $4,000 million

Opening inventory: $5,000 million

Closing inventory: $2,500 million

Accounts payable: $2,000 million

a) What is the operating cycle for the company?

b) What is the net operating cycle for the company?

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