(3 pts) Question : Consider the following financial statement infornation for the Pameln & Wally...
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(3 pts) Question : Consider the following financial statement infornation for the Pameln & Wally Corp.: Item Beginning lavestory 10,278 13,509 Accounts receivable 3.122 Accounts payalar Also assume that Credit sales are $111,382 and Cost of goods sold are $77,837. Show your eakulations of all the components involved in parts. (a) and () for full credit. a. Calculate the operating cycle. b. Calculate the cash cycle. c. How do you interpret your
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