Answer: EOQ = 575.38 units ≈ 575 units
Annual holding cost =$862.5 ≈ $863
annual ordering cost=$863.65 ≈ $864
Explanation:
a)the EOQ for the workbooks=
= =
= 575.38 units ≈ 575 units
b)the annual holding costs for the workbooks
Annual holding cost = Economic order quantity x Holding cost /2
= (575 x 3)/2=$862.5 ≈ $863
c) the annual ordering costs = Demand X Ordering cost/ EOQ
= 19,100 x 26/575
=$863.65 ≈ $864
I would say that the main purpose of advertising is to change the negative attitudes to positive ones. Let's take political campaigning for instance. Notice that the television channels are filled with ads of politicians who are campaigning to become the president. Most people have a negative attitude when it comes to politics which is why advertising is trying to make certain politicians look good in order for them to win enough votes.
Answer:
C. Depreciation period
Explanation:
For A,
A payout period is when the investors actually start getting paid hence making this a wrong choice.
For B,
Liquidation is when a firm runs into problems and prepares to shut down by liquidating assets, the proceeds from this liquidation are then paid out to investors. This also is a wrong choice.
For C,
Depreciation period is the time period for which the depreciation is charged on a fixed operating asset. This is recorded as an expense and nothing is paid out to any investor. This is the correct choice.
For D,
Annuitization period is when any annuity or investment starts paying back its investors. This is an income stream and thus this is also a wrong choice.
Hope that helps.
A company's strategy is the large-scale action plan that encompasses the company's vision and is used to create the direction for the business.
Option B is correct.
<h3>Company strategy:</h3>
A strategy is a long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.
<h3>What is Good Corporate Strategy?</h3>
A successful business strategy begins by formalizing a plan on the three core elements that follow.Business goals, target groups and strategic management. Use these six action items to start crafting an effective business strategy that aligns with your organization's goals.
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