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const2013 [10]
3 years ago
10

Garden Variety Flower Shop uses 900 clay pots annually. The pots are purchased at $2 each. Annual carrying costs per pot are est

imated to be 30 percent of cost, and ordering costs are $20 per order. What is the EOQ
Business
1 answer:
wel3 years ago
5 0

Answer:

EOQ= 255 units

Explanation:

<u>Economic order quantity (EOQ)</u> is the ideal order quantity a company should purchase to <u>minimize inventory</u> costs such as holding costs, shortage costs, and order costs.

<u>To calculate the EOQ, we need to use the following formula:</u>

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding/carriying cost

EOQ= √[(2*900*20)/0.6]

EOQ= 255 units

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The person who controls and develops the artistic product and provides it with a unified vision is the
OLEGan [10]
Hey there JakesanT1697,

The person who controls and develops the artistic product and provides it with a unified vision is the?

Answer:

Director

Hope this helps :D

<em>~Natasha♥</em>
8 0
3 years ago
Marietta Hotels used a twenty-five-year, $50 million bond issue to finance its expansion. In its plan to ensure that funds would
lianna [129]

Answer:  sinking fund

                 

Explanation: In simple words, it refers to the method under which then organisation set aside a fund for the repayment of this debt over the years.

Under this method, the organisation is setting aside 10 percent every year so that there will be no heavy load on the organisation at the end of the tenure.

Hence from the above we can conclude that the given case depicts sinking fund.

5 0
4 years ago
A competitive advantage exists when a
Ronch [10]
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Firm has a strong marketing plan.
7 0
3 years ago
A customer, age 60, has a fixed annuity contract with a value of $16,000. The cost basis in the contract is $10,000. If the cust
g100num [7]

Answer:

$5,000 taxable

Explanation:

In this scenario, the tax consequence of withdrawal will be $5,000 taxable. This is because annuity contract contributions are not tax-deductible, meaning that the original contribution of $10,000 has already been taxed. Therefore in this situation all $5,000 will be taxable, luckily since the individual is over the age of 59 1/2 then the distribution is not subjected to a 10% penalty tax for premature distribution.

6 0
3 years ago
The terms of an invoice are 3/10, n/25. this means that a ________ of the invoice date.
const2013 [10]

The terms of an invoice are 3/10, n/25 this means that a <u>discount of 3% is allowed if the invoice is paid within 10 days</u> of the invoice date.

3/10, n/25 this means that a 10% cash discount is available if the invoice is paid within 10 days, pay the net price if covered within 25 days of the invoice date. Discounts are reductions of the normal fee of a product or service with the purpose to obtain or growing income.

Trade discount refers to the deduction given by using the supplier to the purchaser within the catalog price of the goods. Cash discount implies the allowance granted to the clients by means of the supplier on the billing fee, for immediate payment.

A cash discount also referred to as a purchase cut price or income discount, is a reduction in the purchase fee of an excellent because of an early cash charge. In different words, the seller of products is inclined to lessen the fee of the goods if the purchaser is inclined to pay for the coolest in advance.

Learn more about cash discounts here brainly.com/question/14883253

#SPJ4

7 0
2 years ago
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