Answer:
Results are below.
Explanation:
<u>Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.</u>
Economic order quantity (EOQ)= √[(2*D*S)/H]
D= Demand in units
S= Order cost
H= Holding cost
<u>Since:</u>
D= 600*52= 31,200
S= $25
H= $2.6
<u>Replacing:</u>
EOQ= 2√[(2*31,200*25) / 2.6]
EOQ= 775 units
<u>To calculate the time between orders, we need to use the following formula:</u>
Time between orders= EOQ / Weekly demand
Timer between orders= 775 / 600
Time between orders= 1.3 weeks
Lenders always accept applications for credit.False
Credit tends to cost individuals more than paying in cash.
True
Credit cards all use the same interest and finance charges.
False
One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it.
True
Creating an emergency fund should be a top priority, because you need to have extra money in case an emergency comes up that requires money.
Answer:
Net exports $ 50
New goods and services $75
Personal consumption expenditures $300
Value of the services of stay-at-home parents $25
Gross domestic investment $100
Government purchases $50
Total $600
Explanation: All these values are used to calculate the balance of payments of a country and represent the changes that occur in the accounts to maintain the balance of the economy
Answer:
The answer is attached for ready reference
Explanation:
Please note no effect for depreciation is taken as it is non cash item.
The may ending balance is having a surplus of $103,300
