Blackberry, Inc. had sales for the past year of $38,250 and cost of goods sold of $21,038. In addition, the statement of financial position accounts was as shown in the table below. Blackberry uses average account values and a 365-day year where applicable in all of its computations.

Account	Beginning	Ending
Accounts receivable	$1,800	$1,650
Inventory	$2,450	$2,500
Accounts payable	$1,950	$1,850

What is the cash cycle for Blackberry, Inc.?

Multiple Choice

• 48.33 days

• 37.55 days

• 42.87 days

• 26.43 days

• 15.41 days