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Oriole Construction, Inc., reported the following balance sheet information for the last fiscal year. Oriole also reported net sales of $984,400 and days sales in

Oriole Construction, Inc., reported the following balance sheet information for the last fiscal year. Oriole also reported net sales of $984,400 and days sales in inventory of 48.60 days.

Oriole Construction Inc.

Assets

Cash and marketable securities $15,940
Accounts receivable $149,500
Inventories $294,090
Other current assets $12,630
Total current assets $472,160

Calculate the firms operating cycle. (Round answer to 2 decimal places, e.g., 12.52.)

Operating cycle ?? days

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