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melamori03 [73]

3 years ago

6

Does Apple's common stock have a par value? If so, how much was the reported par value per share? How many shares of common stoc

k were issued at the end of each fiscal year?

1 answer:

vlabodo [156]3 years ago

7 0

The par value for shares of Apple is $0.000015

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A researcher conducts a survey of people who use anxiety medications, recruited through an advertisement in the local paper. the

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3 years ago

Consider a bond that costs $1,000 and pays an $80 interest payment each year.

Anna007 [38]

Answer:

The interest rate for this bond is 8% per annum.

Explanation:

Given that,

a bond that costs $1,000 and pays an $80 interest each year.

To find the rate of interest, we use the following formula is

I=Prt

Here P = principal= $1,000

I=interest= $80

t=time= 1 year

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telo118 [61]

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3 years ago

Read 2 more answers

A coffee shop buys 2000 bags of their most popular coffee beans each month. The cost of ordering and receiving shipments is $12

aleksley [76]

Solution :

The optimal order quantity, EOQ = $\sqrt{\frac{2 \times \text{demand}\times \text{ordering cost}}{\text{holding cost}}}$

EOQ = $\sqrt{\frac{2 \times 2000 \times 12}{3.6}}$

= 115.47

The expected number of orders = $\frac{\text{demand}}{EOQ}$

$=\frac{2000}{115.47}$

= 17.32

The daily demand = demand / number of working days

$=\frac{2000}{240}$

= 8.33

The time between the orders = EOQ / daily demand

$=\frac{115.47}{8.33}$

= 13.86 days

ROP = ( Daily demand x lead time ) + safety stock

$=(8.33 \times 8)+10$

= 76.64

The annual holding cost = $\frac{EOQ}{2} \times \text{holding cost}$

$=\frac{115.47}{2} \times 3.6$

= 207.85

The annual ordering cost = $\frac{\text{demand}}{EOQ} \times \text{ordering cost}$

$=\frac{2000}{115.47} \times 12$

= 207.85

So the total inventory cost = annual holding cost + annual ordering cost

= 207.85 + 207.85

= 415.7

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3 years ago