Answer:
Explanation:
Using the EOQ Formula = EOQ
D = Demand = 773
O = Ordering Cost =28
H = holding Cost = 11*33% =3.63
So we have :
EOQ=
EOQ= 
EOQ=
EOQ= 
EOQ= 109.20196
Previous per unit order cost = 28/773 =0.03622
No of Orders = D/o
No of Orders = 773/109.20196 =7.0786
Cost per order =109.20196*0.03622 =3.9555
Total order cost= 7.0786*3.9555=27.9998
At EOQ holding Cost is equal to Order Cost
New Order cost =27.9998
Holding Cost = 27.9998
New cost As per EOQ = 56
Previous (33+28) = 61
Net Saving = 5
My answer would probably be B!
Answer:
$65.85
Explanation:
Calculation for What should the offer price be
Using this formula
Offer price=(Preferred stock× Liquidating value)/Return
Let plug in the formula
Offer price = (0.054 × $100) / 0.082
Offer price=5.4/0.082
Offer price = $65.85
Therefore the offer price should be $65.85
Answer:
11.24%
Explanation:
Fisher equation:
(1 + nominal interest rate) = (1 + real interest rate) x (1 + expected annual inflation)
1 + nominal interest rate = 1.03 x 1.08
--> Nominal interest rate = 11.24%
Answer:
Steak is a normal good, and hamburger is an inferior good for Jennie
Explanation:
Based on this behavior, we can assume steak is a normal good, and hamburger is an inferior good for Jennie. That is because a normal good is any good who's demand increases when there is a rise in the consumers' income, while an inferior good sees decreased demand due to a rise in income. Therefore, since Jenna buys more (increased demand) steak and less (decreased demand) hamburger due to her increased income this means that steak is a normal good, and hamburger is an inferior good for Jennie
