Please help me to understand this process.

Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers.

Estimate the average length of the firm's short-term operating cycle. How often would the cycle turn over in a year?

90 days and 4.06 times

80 days and 4.06 times

70 days and 3.06 times

90 days and 3.06 times