Suppose that LilyMac Photography has annual sales of $231,000, cost of goods sold of $166,000, average

inventories of $4,600, and average accounts receivable of $25,100. Assume that all of LilyMacs sales are

on credit.

What will be the firms operating cycle? (Use 365 days a year. Do not round intermediate calculations

and round your final answer to 2 decimal places.)