Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment payi
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Answer:
59 orders
Explanation:
For computing the how many rolls should order at a time, first we have to determine the economic order quantity which is shown below:
The computation of the economic order quantity is shown below:
=
where,
Carrying cost = $875 × 20% = $175
And, other items values would remain the same
ow put these values to the above formula
So, the value would be equal to
=
= 50.71 units
Now The number of orders would be equal to
= Annual demand ÷ economic order quantity
= $3,000 ÷ 50.71 units
= 59 orders
The trial balances of the Cobras Incorporated as of the given date and position will tally a balance of $62,400.
<h3>What is a trial balance?</h3>A table that contains all the debit and credit balances from all the ledger books of accounts of a business organization as on a given date is known as the trial balance of such organization.
The trial balance has been attached in the image for better understanding of the concept for the learners. Please refer to the same for more insights.
Hence, the concept of trial balance has been explained above.
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