Answer:
11547 lb
Explanation:
Economic Order Quantity is the ordering quantity where the cost of ordering and holding inventory is the minimum. It is the point where the cost of ordering and holding inventory intersects.
To calculate the Economic Order Quantity we use the following formula,
- EOQ =√(2 × Annual Demand × Ordering Cost/Order) / Holding Cost per unit per annum
Plugging in the values in the formula,
- EOQ = √(2 × 100000 × 100) / 0.15 ⇒ 11547.00538 rounded off to 11547 lbs
Answer: C. Matching all bank statement items to canceled checks.
Explanation: To help prevent and detect schemes involving fraudulent invoice and non accomplice vendors, matching all bank statement items to canceled checks is the right option to go with.
This action have proved to be effective and to at least prevent fraudulent invoice by vendors.
Answer:
B). The further in the future you receive a dollar, the less it is worth today.
Explanation:
The second option asserts a true claim that 'the later we receive a dollar in future, the less it is worth today' as the market value of dollar can be seen significantly rising and therefore, it's value is much higher in relation to the value of other currencies across the globe. If a person receives a dollar today, it's worth can be much higher in the upcoming time and therefore, a lower amount today can become a huge amount tomorrow, if invested properly today. Thus, <u>option B</u> offers a true statement while the others state incorrect claims.
The answer & explanation for this question is given in the attachment below.
Answer:
Explanation:
find the attached document below
