Problem $2-13$

The following table presents selected $2020$ annual income statement items and balance sheet items for Toyota Motor and Apple. All figures are in millions. Use the information to answer the questions that follow.

Sales

Cost of goods sold

Accounts receivable

Inventory

Accounts payable

$\backslash$table$[[$Toyota$,$Apple$],[731,097,245,281,515],[24,662,364,176,559],[8,723,065,23,120],[2,441,918,11,061],[2,450,980,49,296]]$

a$.$ Calculate the length of the operating cycle for Toyota and Apple.

b$.$ Calculate the length of the cash conversion cycle for Toyota and Apple.

Note: Negative value should be indicated by parentheses. Round your answers to $1$ decimal place.

Answer is complete but not entirely correct.

$\backslash$table$[[,$Toyota,Apple,$],[$a$.$ operating cycle cash conversion cycle,$138\mathrm{.}5o.,$days,$104\mathrm{.}8ox,$days$],[$b$.$ cash conversion cycle conversion cycle,$102\mathrm{.}2,$days,$30\mathrm{.}0ox,$days$]]$