Multiple changes in cash conversion cycleGarrett Industries turns over its inventory

6

times each year; it has an average collection period of

37

days and an average payment period of

26

days. The firm's annual sales are

$2.7

million. Calculate the firm's operating cycle and its cash conversion cycle. Assume a

365-day

year.

Question content area bottom

Part 1

Garrett's operating cycle, OC, is

enter your response here

days. (Round to the nearest whole number.)