The quantity to which inventory must fall in order to signal that an order must be placed to replenish an item is __________. *

Daily usage

Lead Time

Safety Stock

Order Point

Ninety-percent of Vogel Bird Seed's total sales of $600,000 is on credit. If its receivables turnover is 5. Sales are expected to increase by 90%. What is the average collection period (based on a 360-day year)? *

81

5

72

365

Ninety-percent of Vogel Bird Seed's total sales of $600,000 is on credit. If its receivables turnover is 5. Sales are expected to increase by 90%. What is the additional sales revenue? *

$520,000.

$550,000.

$540,000.

$530,000.