Given the following financial statements data, calculate the operating cycle for this company. ____________________________________________________________________________

in million ($)

____________________________________________________________________________

Credit sales 25,000

Cost of goods 20,000

Accounts receivable 2,500

Inventory - Beginning Balance 2,000

Inventory - Ending Balance 2,300

Accounts Payable 1,700

__________________________________________________________________________

The operating cycle for this company is closest to: Group of answer choices a. 42.0 days b. 47.9 days c. 78.5 days