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Homework answers / question archive / Last year, Wilson's had credit sales of $927,000 and cost of goods sold of $762,000
Last year, Wilson's had credit sales of $927,000 and cost of goods sold of $762,000. The beginning of the year inventory was $138,000 and the end of the year inventory was $154,300. If the accounts receivables average $87,400, what is the operating cycle?
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