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)? *

5

72

81

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? *

$550,000.

$520,000.

$530,000.

$540,000.

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 are the additional receivables? *

71 days

73 days

74 days

72 days