Mcfly corporation wants to understand its operating cycle, Financial Management

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Mcfly corporation wants to understand its operating cycle

McFly Corporation wants to understand its operating cycle better. With the information from the firm's financial statements below, please help them to calculate their operating cycle.

Cost of Goods Sold 124,000

Average Inventory 25,200

Credit Sales 196,500

Average Receivables 7,825

If the average payables amount was $9,560 what is the firm's cash cycle?

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Financial Management: Mcfly corporation wants to understand its operating cycle

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Financial Management: Mcfly corporation wants to understand its operating cycle

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