The below table reports the $ amounts of inventory, receivables, payables, net sales and cost of...

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

Calculate the inventory turnover and inventory period. Interpret.
Calculate the receivable turnover and receivable period. Interpret.
Calculate the operating cycle (OC). Interpret.
Calculate and interpret the cash cycle (CC).

Expert Solution

jeff jeffy answered 1 year ago

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