Annual demand 144,495 units
Carrying costs $3.36 per unit
Fixed Costs per order $7.8
Number of orders 38
What are the total costs?
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A company sells 126,039 units per year. Fixed costs per order are $156 and carrying cost is $20 per unit per year. If management uses an EOQ model, how many orders will it place per year?
The terms of the sale were 4/15, net 40. What is the effective annual rate of interest?
Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.
ABC Inc. last paid an annual dividend of $18.6.The dividends are expected to grow by 4.9% each year. What is the amount of expected dividend in Year 15. That is, what is D15?
XYZ Company's credit terms are 1/3 net 38. The company estimates that 17% of the customers will take the cash discount. What is the average collection period?
ABC Company has projected Sales of $21,072 in January. The sales are expected to grow by 9% each month. ABC's collection schedule is as follows:
ABC collects 71 percent of its sales in the month of sale and the remainder is collected in the following month. What is the amount of the April cash collections?
Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.