User Account

All Pages

What is the annual total inventory management costs of post

Assignment Help Financial Accounting
Reference no: EM133009502

Post Card Depot, an large retailer of post cards, orders 5,448,219 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 11 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.19 per post card per year. The ordering cost is $206 per order.

Problem 1: What is the annual total inventory management costs of post card inventory?

Reference no: EM133009502

Questions Cloud

Create a statement of changes in equity for partners ex : Create a Statement of Changes in Equity for the year end December 31, 2019. Partners Ex, Why and Zey formed a partnership called XYZ Partnership in 2018.
Make a statement of changes in equity of maria incorporated : The Corporation issued 100,000, ?20 par value shares of stocks. Make a Statement of Changes in Equity of Maria Incorporated for the year 2019.
Make a statement of changes in equity for year end december : Make a Statement of Changes in Equity for the year end December 31, 2019. Partners Ex, Why and Zey formed a partnership called XYZ.
What will be the wealth of the existing investors : What will be the wealth of the existing investors including the dividend payment? Pocket needs to hold on to $50,000 of cash for a future investment.
What is the annual total inventory management costs of post : Post Card Depot plans on ordering post card 11 times. What is the annual total inventory management costs of post card inventory?
Find ratio of price to expected earnings for river crusies : River Cruises is all-equity-financed with 100,000 shares. What is the ratio of price to expected earnings for River Cruises before it borrows the $250,000?
What contributes to an employees decision to join : What contributes to an employee's decision to join a union? What are the consequences for organizations that have a union to represent employees
Which the measurement date for shares issued to employees : Which the measurement date for shares issued to employees in share option plans accounted for using the fair-value method is
What must profit margin be if wishes to finance ten percent : A firm has an asset turnover ratio of 2.0.What must its profit margin be if it wishes to finance 10% growth using only internally generated funds?

Reviews

Write a Review

Financial Accounting Questions & Answers

  The company assets-liabilities and equity

Prepare the journal entry to record the issuance of 200,000 shares of common stock that sell for $10 per share and have a par value of $1. Use the date of Feb 1. Date Account Name Debit Credit P1. Part 2. What impact did the above transaction have on..

  Explain how a manager would use the statement

Explain how a manager would use the statement to drive financial analysis and decision-making. Your post should be 200-250 words in length.

  What was the breakeven point in units

Eagle Express Company reported sales of $960,000; a contribution margin ratio of 30%; a variable cost of $210 per unit; and fixed costs totaling $270,000. What was the breakeven point in units?

  Record candlestick journal entry to redeem the bonds

Record candlestick journal entry to redeem the bonds. Candlestick Park issued $ 10,000,000, 8%, 20-year bonds at 98 on January 1, 2002.

  What is the accumulated depreciation on the date of disposal

What is the accumulated depreciation on the date of the disposal? What is the book value of the equipment on the date of the disposal?

  How much bad debt reserve is provided against receivables

How much bad debt reserve is provided against these receivables? What percentage of total receivables is considered uncollectible?

  How do show the opening balances in any relevant accounts

Trading Securities account, How do show the opening balances in any relevant accounts and the required transactions for 2018.

  Determine purpose of the statement of cost

Determine the purpose of the Statement of Cost of Goods Manufactured and determine the ending work in process inventory

  What is best financial advice

Joey says he wants to put his money in a savings account. Jim comes to you to ask you to help persuade Joey to buy the 4-wheeler. What is best financial advice

  Rumblebuffin company was organized on january 1 during the

rumblebuffin company was organized on january 1. during the first year of operations the following plant asset

  Compute What are pro forma free cash flows for year three

You will be depreciating a $1.5 million machine for 5 years using straight-line depreciation. What are your pro forma free cash flows for year 3?

  What is the stock value for california clinics

Suppose the riskiness of the stock decreases, which causes the required rate of return to fall to 13 percent. Under these conditions, what is the stock's value?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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