Calculating Cycles. Consider the following financial statement information for the Ayala Corporation:
Item Beginning Ending Inventory $ 10,400 $ 11,400
Accounts receivable 5,400 5,700
Accounts payable 7,600 8,000
Credit sales $ 84,000
Cost of goods sold 64,000
Calculate the operating and cash cycles. (Use 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places, e.g., 32.16.)
Operating cycle day