$8200 worth of toys in December $3700 worth in January $4400 in February an

$8200 worth of toys in December $3700 worth in January $4400

in February and $6100 in March. The wholesale cost is 72 percent

of the retail price. The firm has a receivables period of 30 days

a payables period of 60 days and buys inventory one month prior to

selling it. What was the accounts payable balance at the end of

January?

cash cycle. Assume the firm changes its operations such that it

decreases its receivables period by 2 days increases its inventory

period by 3 days and increases its payables period by 4 days. What

will the length of the cash cycle be after these changes?