Consider the following financial statement information for the Zamboni Icers Corporation:
Item Beginning Ending
Inventory $ 11,600 $ 12,600
Accounts receivable 6,600 6,900
Accounts payable 8,800 9,200
Net sales $ 96,000
Cost of goods sold 76,000
Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places (e.g., 32.16).)
Operating cycle days:
Cash cycle days:
Was answered previously however the answers were incorrect.