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What is the monthly increase or decrease in cash flow for inventory
given that an increase is a use of cash and a decrease is a source of
cash?
Note:
Enter a decrease as a negative number.
What is the change in working capital for January?
What is the change in working capital for February?
What is the change in working capital for March?
P13-3 (similar to) Average production cycle.
Use the following account information to find the average
production cycle for Rian Company.
2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Cash sales $463,000
Credit sales $573,000
Total sales $1,036,000
Cost of goods sold
$607,205
What is the average production cycle for Rian Company?
P13-4 (similar to)