An operating cycle is usually different depending on the types of business sectors - such as whether its' a service or merchandise or a manufacturing business. An operating cycle is: O Not selected O a. An entire year. O b. The time it takes for a business to realise a profit. O c. The average time a business takes to buy inventory, sell it to customers d. and to collect cash from customers. O e. The average time before a business must reorder inventory. Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on account are budgeted to be $225k for March and $250k for April. What are the budgeted cash receipts from credit sales on April