1. annual demand=36,000 units lag time is 7 days, what is the re-order point in the units?

2. using the balance sheet and income statement in our book, pages 56 and 59 what is the profit from operations in the total profit for the year 2020?

3. Using the balance sheet and income statement from our book, pages 56 and 59 calculate the following for 2020 for the next five questions.

- Days in accounts receivable

- Days cash on hand short term

- Average payment ratio

-Current ratio

-Inventory turnover ratio