5 16 Markus Company's common stock sold for $5.25 per share at the end of this year. The company paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this year's financial statements: Check 6:30 Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income $ 1,095,000 $635,100 $ 459,900 $313,875 $ 15,500 5 208,862 Ending Balance $ 49,000 Beginning Balance $ 44,200 $ 92,000 $ 76,300 $217,300 $ 801,000 $ 85,500 $ 206,000 $ 68,700 $ 92,000 $ 204,900 $ 875,400 $ 90,000 $ 185,400 $ 165,000 $ 165,000 $ 595,000 $ 801,000 $ 690,000 $875,400 This Year Foundational 14-11 (Algo) 11. What is the company's operating cycle? (Use 365 days in a year. Round your intermediate and final answer to 2 decima Operating cycle days < Prev 86 of 6 Next