Natcher Corporation's Accounts Receivable at the End of Year 2

Multiple Choice

Natcher Corporation's accounts receivable at the end of Year 2 was $126,000 and its accounts receivable at the end of Year 1 was $130,000. The company's inventory at the end of Year 2 was $127,000 and its inventory at the end of Year 1 was $120,000. Sales, all on account, amounted to $1,380,000 in Year 2. Cost of goods sold amounted to $800,000 in Year 2. The company's operating cycle for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

A) 44.7 days
B) 17.3 days
C) 62.8 days
D) 90.2 days