Inventory management costs of post card inventory

Assignment Help Financial Management

Reference no: EM131863074

Post Card Depot, an large retailer of post cards, orders 4,989,330 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 15 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.14 per post card per year. The ordering cost is $462 per order. What is the annual total inventory management costs of post card inventory? Round the answer to two decimal places

Reference no: EM131863074

Questions Cloud

What will be the size of her daughter monthly withdrawals : Assuming the value of money will average 6% compounded monthly, what will be the size of her daughter's monthly withdrawals?

What must be the size of each equal semiannual payment : If money is worth 16% compounded semiannually, what must be the size of each equal semiannual payment?

Financial analyst in the finance department : As a Financial Analyst in the Finance Department of Zeta Auto Corporation, What will be the Net Present Value of the project?

Company wants to save money to meet three objectives : A company wants to save money to meet three objectives. how much will he have to save each month in years 16 through 30?

Inventory management costs of post card inventory : What is the annual total inventory management costs of post card inventory?

Hedge fund claims correlation coefficient : The hedge fund claims correlation coefficient between the annual returns on the S&P and the hedge fund in the same year is zero.

Any preferred stock outstanding : Company XYZ doesn’t have any preferred stock outstanding but plans to issue some in the future and therefore has included in its target capital structure.

Annual four-year interest rate using expectations theory : Estimate the annual four-year interest rate using the Expectations theory.

Cost benefit analyses to establish feasibility : A cost benefit ananlyses to establish feasibility of the idea -Problem seen and strategies to overcome these problems Summary.

User Account

All Pages