The below table reports the $ amounts of inventory, receivables, payables, net sales and cost of good sols the XYZ Company in 200N. Accounts Beginning Ending Inventory $10,000 $12,000 Receivables...


The below table reports the $ amounts of inventory, receivables, payables, net sales and cost of good sols the XYZ Company in 200N.



































Accounts





Beginning





Ending





Inventory





$10,000





$12,000





Receivables





8,000





10,000





Accounts payable





6,000





7,000





Net sales





30,000





Cost of Goods sold





14,000





1) Calculate the inventory turnover and inventory period. Interpret.

2) Calculate the receivable turnover and receivable period. Interpret.

3) Calculate the operating cycle (OC). Interpret.

4) Calculate and interpret the cash cycle (CC).


Jun 03, 2022
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