Consider the following financial statement information for the Amaryliss Corporation: Item Beginning Ending Inventory $10,382 $11,180 Accounts receivable 5,651 6,181 Accounts payable 5,952 6,293 Net sales $139,303 Cost of goods sold 87,113 Assume all sales are on credit. Calculate the operating and cash cycles

60.67 days and 35.02 days

Explanation:

The computation of the operating and cash cycles is shown below:

The operating cycle = Days inventory outstanding + days sale outstanding

where,

Day inventory outstanding = (Beginning inventory + ending inventory) ÷ 2 ÷ cost of goods sold × number of days in a year

= ($10,382 + $11,180) ÷ $87,113 × 365 days

= ($10,782 ÷ $87,113) × 365 days

= 45.17 days

Day sale outstanding = (Beginning Accounts receivable + ending Accounts receivable) ÷ 2 ÷ Net sales × number of days in a year

= ($5,651 + $6,181) ÷ 2 ÷ $139,303 × 365 days

= ($5,916 ÷ $139,303) × 365 days

= 15.50 days

Now put these days to the above formula  

So, the days would equal to

= 45.17 days + 15.50 days

= 60.67 days

Now The cash cycle = Days inventory outstanding + days sale outstanding - days payable outstanding  

where,  

Day payable outstanding = (Beginning Accounts payable + ending Accounts payable) ÷ 2 ÷ cost of goods sold × number of days in a year

= ($5,952 + $6,293) ÷ $87,113 × 365 days

= ($6122.50 ÷ $87,113) × 365 days

= 25.65 days

Now put these days to the above formula  

So, the days would equal to

= 45.17 days + 15.50 days - 25.65 days

= 35.02 days

the page presents four different kinds of threats that volcanoes pose and what to do before, during, and after an eruption.

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!