Answer:
812.40 units
Explanation:
Given that,
Annual holding cost percentage = 20%
Ordering cost = $110 per order
Annual demand = 15,000 units
Units Ordered - Price Per Unit
1-250 - $30.00
251-500 - $28.00
501-750 - $26.00
751 and up - $25.00
Optimal order quantity:
= 
= 
= 
= 812.40
Therefore, the optimal order quantity is 812.40 units.
Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par.-The correct statement is -<u>The bonds will sell at a premium if the market rate is 5.5</u>
Explanation:
The important point to be noted from the given question is that the bond is offered when the market rate is 6 percent.
So ,the bonds are said to selling at premium since the market rate has reduced from 6% to 5.5%
In this case it is right to say that -Green Roof Inns is preparing a bond offering with a 6 percent, semiannual coupon and a face value of $1,000. The bonds will be repaid in 10 years and will be sold at par.-The correct statement is -<u>The bonds will sell at a premium if the market rate is 5.5</u>
Answer:
This statement is False
Explanation:
Operational inefficiencies do not occur because accounts unique to many concurrent transactions need to be updated in real time. There are many reasons for operational inefficiencies occur as a result of factors such as improper planning, poor scheduling, poor supervision and quality control, and other factors.
Answer:
that there's a need for an improved poverty measure.
Explanation:
It is interesting to note that poverty has a defined measurement which helps Governments understand how taxes and government programs affect those who are poor.
However, due to changing housing costs and the fact that indoor plumbing was not common for rural families in the middle of the twentieth century it was necessary to modify the measures that defines a poor person.
28% is the front end ratio meaning the mortgage cant exceed 28% of her gross monthly income. With a mortgage of 184k plus taxes and insurance the applicant will likely be under 1500 mo for housing related expenses. The applicant makes 83k/12mo = $6900mo times by .28 equales $1932mo to keep it under 28 %. So the applicant is within the front end 28% ratio. The applicant also has 50k cash to cover the 46k down payment. Lastly, is the applicant under the back end ration of 36%( which includes all monthly debt. So 1500 housing plus 315 car plus 140 student loans plus 96 for the boat equals $2051 in total monthly debt obligations. Once again the applicants gross monthly income is 6900 times by .36 = $2484 a mo. The applicants total monthly debt is less than 2484. I would approve this loan.
