Cailey's Shoppe Has an Inventory Period of 37 Days, an Accounts

Cailey's Shoppe has an inventory period of 37 days, an accounts payable period of 44 days, and an accounts receivable period of 25 days. Management is considering an offer from their suppliers to
Pay within 15 days and receive a 7% discount. If the new discount is taken, the accounts payable
Period is expected to decline by 10 days. If the new discount is taken, the operating cycle will be
_____ days.

A) 52
B) 62
C) 71
D) 79
E) 91