Markus Company's common stock sold for $6,50 per share at the end of this year. The company paid a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance Cash $ 57,500 Accounts receivable $ 108,000 Inventory $ 83,500 Current assets $ 249,000 Total assets $ 975,000 Current liabilities $ 97,500 Total liabilities $ 240,000 Connon stock, 51 par value $ 185,000 Total stockholders' equity $ 735,000 Total Libilities and stockholders' equity $ 975,000 This Year Sales (all on account) $ 1,275,000 Cost of goods sold $ 739,500 Gross margin 5.535,500 Net operating income $ 419,250 Interest expense $ 19,500 Net income $ 279,825 Beginning Balance $ 50,000 $ 75,000 $ 108,000 $ 233,000 $ 1,086,000 $ 109,500 $ 216,000 $ 185,000 $ 870,000 $ 1,086,000 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 decimal places.)