Overdrafts are given by banks only to trustworthy clients. if the bank balance is maintained clearly. To avoid overdrafts there should always be a sufficient amount of balance and avoid using cheques on situations as such.avoid ATM cards as well
Answer:
222
Explanation:
Economic Order Quantity = √[(2XCₒXD)/Cₕ]
Where:
Cₕ = cost of holding a unit of inventory for a year
Cₒ = cost of placing an order
D = annual demand
Ordering cost, Cₒ= $166
Annual demand, D= 4,153
Inventory holding cost, per item per year, Cₕ = $28
Economic Order Quantity = √[(2X166X4153)/28]
=√[1378796/28]
=√49242.71
=221.9
=222
The Annual Number of Orders to be placed is 222.
Answer:
$1.1786
Explanation:
Given
Initial purchase price = $1.50
Initial margin = 45%
maintenance margin is 30%
Margin call price = InitiaL purchase price × [1 - InitiaL margin / 1- maintenance margin]
= $1.50 × [1-45% / 1-30%]
=$1.50 × [0.55/0.70]
=$1.1786
Answer: a line process
Explanation: seen one before pretty simple. Your welcome :D
