If you will invest $2.500 a year from today, and will receive $3,000 in three years after your initial investment. What is this project's IRR?
The Gentry Garden center sells 5,000 bags of lawn fertilizer annually. Each bag costs the firm $4.00, inventory carrying cost is 10%, and the cost of placing an order with the supplier is $40. Answer the following questions: 1) What is the firm’s Economic Ordering Quantity? 2) What is the firm’s average inventory? 3) How many times must the firm order inventory in a year?
1) 1,000 bags; 2) 500 bags; 3) 10 times a year
1) 1,000 bags; 2) 500 bags; 3) 5 times a year
1) 5,000 bags; 2) 2,500 bags; 3) Twice a year
1) 10,000 bags; 2) 5,000 bags; 3) Once a year