The following data available for ABC company.

Account Beginning balance Ending Balance Use/source of cash
Accounts payable 20,300 24,400
Inventory 60,600 67,200
Long term debts 127,500 125,800
Common stock 200,400 215,900



  1. Calculate and identify the source of cash or the use of cash for each account change by filling into the column next to the ending balance.
  2. Assume that beginning balance of accounts receivable is $23 400 and ending balance of accounts receivable of $22 300, total revenue is $237 000, total cost of sales is $ 165 000 and all sales are on credit. Calculate the operating cycle and cash cycle.

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