A skateboard factory uses 95kg of ball bearings every day in its operations, which is drawn from a central silo. For tracking purposes, the silo has markings on its sides to show the amount of ball bearings contained inside. If it takes five days for an order of fresh ball bearings to arrive from the supplier, at what mark on the silo should the factory place an order, at the absolute latest? Select one: a. 237.5kg b. 95kg c 475kg d. 100kg e 19kg A firm has credit terms of "5/7 net 60 days" for its customers. What does this mean? Select one: a. A customer is required to settle five sevenths of their account within 60 days, b. An average of five out every seven customers settles their accounts within 60 days. c. A customer receives a discount if they pay within the five to seven-day period; otherwise they must settle within 60 days, d. A customer receives a 5% discount if they pay within seven days: otherwise they must settle within 60 days Questions 3 to 6 relate to the following scenarios African Batteries CC is in the business of selling car batteries. Their records reflect that their stock sits on their shelves for an average of 15 days from the time it's stocked until it gets sold. As they deal with a large number of fleet operators, they provide lines of credit to qualifying customers, and these accounts receivable take an average of 53 days to be settled. When they order stock from their head office supplier, they have 30 days from arrival of the stock in which to pay for it, which they abide by religiously, What is the length of their operating cycle? Select one: a. 15 days ut of b. 53 days 68 days d. 30 days e 38 days bon What is their CCC? vet ed out of Select one: a. 53 days b. 45 days c. 30 days d. 38 days e. 15 days What is their average payment period? ut of Select one: a 38 days b. 68 days c 30 days d 45 days e 15 days If the credit terms that they offer their qualifying customers are 60 days, how would African Batteries Cos! collections and accounts receivable management be! regarded? Select one: c a. Efficient D b. Not applicable c. Inefficient