You are given the following information: STARTING Inventory A/R A/P Credit Sales COGS $10,576 $5,129 $7,991 $92,136 $60,777 ENDING $10,336 ? $7,395 If you are told that the cash cycle for this firm is 37.520 days, what is the value of the ending accounts receivable for the period? Assume that the company operates 365 days per year. Enter your answer to the nearest dollar. Do not include any commas or dollar signs.

You are given the following information: STARTING Inventory A/R A/P Credit Sales COGS $10,576 $5,129 $7,991 $92,136 $60,777 ENDING $10,336 ? $7,395 If you are told that the cash cycle for this firm is 37.520 days, what is the value of the ending accounts receivable for the period? Assume that the company operates 365 days per year. Enter your answer to the nearest dollar. Do not include any commas or dollar signs.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter21: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 2P: Medwig Corporation has a DSO of 17 days. The company averages 3,500 in sales each day (all customers...

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