The Following Company Information Is Available What Is the Company's Operating Cycle (In Days)? (Assume All

Multiple Choice

The following company information is available: $$\begin{array} { | l | r | } \hline \text { Average accounts receivable } & \$ 700,000 \\\hline \text { Average inventories } & 140,000 \\\hline \text { Average accounts payable } & 130,000 \\\hline \text { Net sales } & 1,000,000 \\\hline \text { Cost of goods sold } & 1,600,000 \\\hline \text { Purchases } & 1,160,000 \\\hline\end{array}$$
What is the company's operating cycle (in days) ? (Assume all sales are made on credit. Round your answer to the nearest day.)

A) 256 days
B) 32 days
C) 287 days
D) 47 days