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Business, 25.03.2021 05:40 bhas2042

Consider the following financial statement information for the Hop Corporation: Item Beginning Ending
Inventory $16,284 $19,108
Accounts receivable 11,219 13,973
Accounts payable 13,960 16,676
Net sales $219,320
Cost of goods sold 168,420
Calculate the operating and cash cycles.

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