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The Red Zeppelin Corporation has annual sales of $50 million. The average collection period is 55 days. What is the average investment in accounts receivable

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The Red Zeppelin Corporation has annual sales of $50 million. The average collection period is 55 days. What is the average investment in accounts receivable as shown on the balance sheet? Multiple Choice 116 0 $7.910,959 $7,308,219 $7,760,274 O $909,091 Comfy Furniture sells 4,300 couches per year at an average price of $1.230. The carrying cost per couch is $10.75 and the fixed order cost is $215. What is the economic order quantity for the couches? Multiple Choice 532.24 units 358 33 units 483.85 Units o 494 73 units 460.81 units

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