Calvani, Inc., has a cash cycle of 44.5 days, an operating cycle of 65 days,...
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Calvani, Inc., has a cash cycle of 44.5 days, an operating cycle of 65 days, and an inventory period of 28 days The company reported cost of goods sold in the amount of $344,000, and credit sales were $567,000 What is the company's average balance in accounts payable and accounts receivable? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.. 32.16) Average accounts payable Average accounts receivable References eBook & Resources
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