1. Jensen’s Boat Works total costs of holding inventory is $8,400 when its order sizes are optimized. If the firm places 46 orders a year, what is the fixed cost per order?
$79.08
$91.30
$106.87
$101.15
$87.62
2. Which one of these statements correctly applies to either a leveraged or an unleveraged syndicated loan?
The loan will always be rated as investment grade.
The loan may not be publicly traded.
Each bank that participates negotiates the terms for its portion of the overall loan.
Each bank has its own loan agreement with the borrowers.
The loan arranger is not involved with the actual lending.