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Burdick Corporation Has Provided the Following Financial Data from Its

Question 232

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Burdick Corporation has provided the following financial data from its balance sheet: Burdick Corporation has provided the following financial data from its balance sheet: Sales (all on account) in Year 2 amounted to $1,410,000 and the cost of goods sold was $860,000.The company's operating cycle for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.) A) 10.4 days B) 79.5 days C) 141.3 days D) 72.2 days Sales (all on account) in Year 2 amounted to $1,410,000 and the cost of goods sold was $860,000.The company's operating cycle for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)


A) 10.4 days
B) 79.5 days
C) 141.3 days
D) 72.2 days

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