Franklin, Incorporated, has an inventory turnover of 16.1 times, a payables turnover of 9.8 times, and a receivables turnover of 8.3 times. What is the company's cash cycle? Assume 365 days per year.
a 52.04 days
b 15.94 days
c 33.60 days
d 29.40 days
e 58.55 days