1 . Zelma Company ' s last financial statements provided the following ratios :
Current ratio 3:2
Quick ratio 1:2
Accounts receivable turnover 9.0 times
Inventory turnover 8.0 times
Net income percentage 12.5 %
Return on equity 22.6 %
Return on assets 9.8 %
To the nearest day , what is the operating cycle for Zelma ?
a ) 80 days