Question

The answer to the following q.

Answer 1

Suppose that LilyMac Photography has annual sales of $233,000, cost of goods sold of $168,000, average inventories of $4,800, average accounts receivable of $25,600, and an average accounts payable balance of $7,300.

Assuming that all of LilyMac’s sales are on credit, what will be the firm’s cash cycle? (Use 365 days a year. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Explanation:

Answer 2

See below ~

Explanation:

Given :

⇒ m∠1 = m∠2

⇒ HD = GF

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To Prove :

Δ EHD ≅ Δ EGF

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Solving :

⇒ m∠1 = m∠2 (Given)

⇒ HD = GF (Given)

⇒ ∠E = ∠E (Common angle)

⇒ ΔEHD ≅ ΔEGF (AAS congruence)