How many orders does the company place per year

Assignment Help Financial Management
Reference no: EM131347641

Saché, Inc., expects to sell 1,890 of its designer suits every week. The store is open seven days a week and expects to sell the same number of suits every day. The company has an EOQ of 1,690 suits and a safety stock of 270 suits. Once an order is placed, it takes three days for Saché to get the suits in.

How many orders does the company place per year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Orders per year             times

Assume that it is Tuesday morning before the store opens, and a shipment of suits has just arrived. When will Saché place its next order?

Reference no: EM131347641

Questions Cloud

Calculate the net present value and internal rate of return : Arrington Motors is considering a project that has a cost of $150,000. The first year cash flow is $12,000 (FCF1). It will grow at a constant rate of 3%. The cost of capital is 12%. Calculate the net present value and the internal rate of return. Wou..
Npv profile of two mutually exclusive projects : NPV profile of two mutually exclusive projects. Moulton Industries has two potential projects for the coming? year, Project? B-12 and Project? F-4. The two projects are mutually exclusive. The cash flows are listed in the following table. Draw the NP..
Discount rate and the future cash flow of each project : Internal rate of return and modified internal rate of return. Quark Industries has three potential projects, all with an initial cost of $1,600,000. Given the discount rate and the future cash flow of each project, what are the IRRs and MIRRs of the ..
Unequal lives with the equivalent annual annuity : NPV unequal lives. Grady Enterprises is looking at two project opportunities for a parcel of land the company currently owns. The first project is a? restaurant, and the second project is a sports facility. use the NPV to determine which project Grad..
How many orders does the company place per year : Saché, Inc., expects to sell 1,890 of its designer suits every week. The store is open seven days a week and expects to sell the same number of suits every day. The company has an EOQ of 1,690 suits and a safety stock of 270 suits. How many orders do..
An investor purchased a convertible bond : An investor purchased a convertible bond for $6000 four years ago. The bond has a face value of $10,000 and a bond interest rate of 8% payable semiannually. The investor can sell the bond now for $7500. What should she do if her MARR is 12% per year ..
Average project in terms of both beta risk and total risk : Dick Boe Enterprises, an all-equity firm, has a corpor­ate beta coefficient of 1.5. The financial manager is evaluating a proj­ect with an expected return of 21 percent, before any risk adjustment. The risk-free rate is 10 percent, and the required r..
Incremental cash flow from operations : An investment opportunity will yield an annual $200,000 Cash Revenues (i.e., Cash Flow from Operations) and $40,000 in Cash-based Operating Expenses. This investment has $-0- Depreciation Expense, and Income Taxes are 25%. What is the Pre-tax "INCREM..
Receive for the plant for the divestiture to be profitable : Suppose Goodyear Tire and Rubber Company is considering divesting one of its manufacturing plants. The plant is expected to generate free cash flows of $ 1.64 million per year, growing at a rate of 2.4% per year. what after-tax amount must it receive..

Reviews

Write a Review

Financial Management Questions & Answers

  The value of the whole fraction decreases

Make up a numerical example where both the top and bottom of a fraction go either up or down but the value of the whole fraction decreases. Make up a numerical example where the common-size value for inventories is 7.32 %.  Make up a numerical exampl..

  What price will the stock reach an equilibrium

A share of stock with a beta of .72 now sells for $58. Investors expect the stock to pay a year-end dividend of $2. The T-bill rate is 3%, and the market risk premium is 6%. At what price will the stock reach an "equilibrium" at which it is perceived..

  How much of payment will go toward principal of loan

You have just taken out a $22,000 car loan with a 6% APR, compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go toward inte..

  Create portfolio with an expected return

You have $21,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 10 percent and Stock Y with an expected return of 12.5 percent. If your goal is to create a portfolio with an expected return of 10.95 percent, how m..

  What is wells fargos profit on the call option

Wells Fargo sells a call option on pounds (contract size is POUNDS500,000) at a premium of $0.03 per pound. If the exercise price is $1.54 and the spot price of the pound at date of expiration is $1.56, what is Wells Fargo's profit t(loss) on the cal..

  Expansion project-coupon bonds with a par value

ABC Co wants to raise $6 million for an expansion project. The company wants to raise this money by selling zero coupon bonds with a par value (face value) of $1000. These bonds would be sold with a Yield to Maturity of 4% per year with semi-annual c..

  Loan amortization-interest was included in first payment

Jan sold her house on December 31 and took a $25,000 mortgage as part of the payment. The 10-year mortgage has a 8% nominal interest rate, but it calls for semiannual payments beginning next June 30. How much interest was included in the first paymen..

  What rate would you expect to see on a treasury bill

Suppose the real rate is 4.05 percent and the inflation rate is 2.8 percent. What rate would you expect to see on a Treasury bill?

  Refinancing the outstanding mortgage balance

Consider a 15-year, $155,000 mortgage with a rate of .0595 percent. Eight years into the mortgage, rates have fallen to 5 percent. What would be the monthly saving to a homeowner from refinancing the outstanding mortgage balance at the lower rate for..

  Compute the present value of a growing perpetuity

Calculate the present value of a growing perpetuity that makes one payment per year with the first payment, made in exactly one year from now, being $1000. Let the payments grow at an annual rate of 9.9 percent (g = .099).

  Calculate the company cost of capital

The market value of Cable Company's equity is $60 million, and the market value of its risk-free debt is $40 million. If the required rate of return on the equity is 15% and that on the debt is 5%, calculate the company's cost of capital. (Assume no ..

  Assume that the exchange rates are free to vary

Daniel Wiener is trying to understand the factors that cause exchange rates to change. For each of the following scenarios, say whether the value of the dollar will appreciate, depreciate, or remain the same relative to the Japanese yen. Assume that ..

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