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Calculate the firm operating cycle

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Reference no: EM132693256

Devlin Construction Inc., reported the following balance sheet information for the last fiscal year. Devlin also reported net sales of $980,770 and days sales in inventory of 48.90 days.

Devlin Construction Inc.

Assets

Cash and marketable securities $ 15,032

Accounts receivable $140,500

Inventories $289,809

Other current assets $ 12,647

Total current assets $457,988

Calculate the firm's operating cycle.

Reference no: EM132693256

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