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Business, 21.04.2020 17:44 Wxaieyu

Consider the following financial statement information for the Sourstone Corporation: Item Beginning Ending Inventory $10,982 $11,780 Accounts receivable 6,251 6,781 Accounts payable 6,552 6,893 Net sales $139,903 Cost of goods sold 87,713 Assume all sales are on credit. Calculate the operating and cash cycles. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.)

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Consider the following financial statement information for the Sourstone Corporation: Item Beginning...
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