Ribaudo corporation has provided the following financial data from its balance sheet and income statement: year 2 year 1 cash $74,000 $130,000 accounts receivable $255,000 $240,000 inventory $173,000 $180,000 total current assets $564,000 $610,000 total assets $1,350,000 $1,330,000 accounts payable $170,000 $160,000 total liabilities $633,000 $620,000 total stockholders' equity $717,000 $710,000 sales (all on account) $1,290,000 cost of goods sold $700,000 the company's operating cycle for year 2 is closest to: 95.9 days 75.3 days 162.0 days 9.2 days
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