What is the economic order quantity

Assignment Help Financial Management
Reference no: EM13934636

Rock Bottom Carpets sells 5,600 carpets a year at an average price per carpet of $1,490. The carrying cost per unit is $22.37. The company orders 500 carpets at a time and has a fixed order cost of $69 per order. The carpets are sold out before they are restocked. What is the economic order quantity?

Reference no: EM13934636

Questions Cloud

Deceptive of quoting interest rates called add on interest : This problem illustrates a deceptive way of quoting interest rates called add-on interest. Imagine that you see an advertisement for Crazy Judy’s Stereo City that reads something like this: “$1,000 Instant Credit! 16.1% Simple Interest!
What processes macromolecules transported in, out of cell : By what processes are macromolecules transported in and out of a cell? Ideas are examined to illustrate.
Stoichiometric and actual combustion equations of the fuel : Determine the percentage of each component of product and write down the stoichiometric and actual combustion equations of the fuel/air mixture.
Why breastfeeding a public health concern in kuwait : Why is breastfeeding a public health concern in Kuwait? Why is it a problem?? (what does lack of breastfeeding cause)
What is the economic order quantity : Rock Bottom Carpets sells 5,600 carpets a year at an average price per carpet of $1,490. The carrying cost per unit is $22.37. The company orders 500 carpets at a time and has a fixed order cost of $69 per order. The carpets are sold out before they ..
What takes place at an ecological and physiological level : What takes place at an ecological and physiological level during the freezing and thawing process of the wood frog?
Infertility can be a very hard obstacle for married couples : Infertility can be a very hard obstacle for married couples. Based on your readings this week, what are male and female factors that can lead to infertility?What is Assisted Reproductive Technology (ART) and what are some benefits of using ART to con..
About the what is the firms net float : Tanner Tavern writes four checks a day for an average amount of $5,400 each. These checks generally clear the bank four days after they are written. In addition, the firm generally receives and deposits checks amounting to $18,700 each day. All depos..
Design a dietary programme : Choose 3 conditions from the body systems covered throughout this module and design a dietary programme for each of these conditions.

Reviews

Write a Review

Financial Management Questions & Answers

  Outstanding bond issues-require semi annual interest payment

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semi annual interest payments. Bond A has a coupon rate..

  What is the minimum rate of return that folske should demand

What is the minimum rate of return that Folske should demand on the equity-financed portion of investments in its industrial products division.

  Draw up balance sheet and income statement

Draw up balance sheet and income statement.

  The final project for this module is a consultancy report

the final project for this module is a consultancy report to anthonys orchard an expanding apple orchard and

  Difference in sources used by firms selling

How do you account for the difference in sources used by firms selling essentially the same products? Explain your analysis in detail.

  What is the rate of return on the stock

Investors expect the market rate of return this year to be 12%. A stock with a beta of 2.0 has an expected rate of return of 21%. If the market return this year turns out to be 8%, what is the rate of return on the stock?

  Current value of stock on basis of dividend discount model

Currently Omega Corporation’s shares are selling at $60 per share and company is paying $5 per share dividend. Dividends are expected to grow at an annual rate of 3% for foreseeable future. Required rate of return for investors is 12%. Calculate the ..

  Capital structure weights on a market value basis

Dinklage Corp. has 9 million shares of common stock outstanding. The current share price is $81, and the book value per share is $8. The company also has two bond issues outstanding. What are the company's capital structure weights on a book value ba..

  BTIRR problem the property is specialty retail property

Unlevered BTIRR problem the property is a specialty retail property (which is not relevant to the solution). Mr. Beyer is planning to acquire the property, hold it for five years and then sell it at the end of the fifth year. The first year net opera..

  What is the projects operation cash flow for first year

The financial staff od Carin Communications has identified the fallowing information for the first year of the roll-out of its new proposed services: The company faces a 40% tax rate. What is the project’s operation cash flow for the first year (t=1)..

  Stocks currently provide expected rate of return

Computer stocks currently provide an expected rate of return of 16%. MBI, a large computer company, will pay a year-end dividend of $2 per share. If the stock is selling at $50 per share, what must be the market's expectation of the growth rate of MB..

  Variety of performance data for individuals and teams

Predicting Winning Percentage for the NFL The National Football League (NFL) records a variety of performance data for individuals and teams (NFL website). Some of the year-end performance data for the 2005 season appear in the file named NFLStats.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd