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Ferry's Furniture Outlet has an accounts receivable period of 50.28 days and an accounts payable period of 39.95 days. The company turns over its inventory

Ferry's Furniture Outlet has an accounts receivable period of 50.28 days and an accounts payable period of 39.95 days. The company turns over its inventory 5.45 times per year. What is the length of the company's operating cycle? Assume 365 days per year. Multiple Choice 106.92 days 77.30 days 27.02 days 90.23 days 117.25 days

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