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6 . 4 p t s Furniture Outlet has an accounts receivable period of 5 3 days and an accounts payable period of 8 7

6.4pts
Furniture Outlet has an accounts receivable period of 53 days and an accounts payable period of 87 days. The company turns over its inventory 4.3 times per year and marks up the inventory an average of 38 percent over its wholesale cost. What is the length of the firm's operating cycle?
137.88 days
147.88 days
89.22 days
60.88 days
125.68 days
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