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Suppose that Tucker Industries has annual sales of $6.20 million, cost of goods sold of $2.90 million, average inventories of $1,185,000, and average accounts receivable
Suppose that Tucker Industries has annual sales of $6.20 million, cost of goods sold of $2.90 million, average inventories of $1,185,000, and average accounts receivable of $620,000. Assuming that all of Tucker's sales are on credit, what will be the firm's operating cycle? (Round your answer to 2 decimal places.)
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112.65
185.65
36.50
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