What is the average inventory held during the year

Assignment Help Financial Management
Reference no: EM131490138

Cheeseburger and Taco Company purchases 7,251 boxes of cheese each year. It costs $17 to place and ship each order and $5.39 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the average inventory held during the year? Round the answer to the whole number.

Reference no: EM131490138

Questions Cloud

Difficulties in developing and applying performance measures : What might be difficulties in developing and applying performance measures for activities are outside the control of any one individual?
More time in the budget to achieve the goal : If senior management will not allow more time in the budget to achieve the goal, then what can you or do you do in the budget in terms of budgeted resources,
Company implement to ensure effectiveness of credit policy : What systems and controls should a company implement to ensure the effectiveness of its credit policy?
What is the npv for bmi regional with this lease rate : Suppose BMI Regional is considering the purchase of new airplanes to facilitate operation of new routes. What is NPV(lease-buy) for BMI Regional with this
What is the average inventory held during the year : Cheeseburger and Taco Company purchases 7,251 boxes of cheese each year. What is the average inventory held during the year?
The americans with disabilities act applies : The Americans with Disabilities Act (ADA) applies to
Type of activity to be named as mental disability : The most recent type of activity to be named as a mental disability is that
What is effective annual interest rate : In exchange for a $570 million fixed commitment line of credit, What is the effective annual interest rate on this $200 million loan?
Statements regarding a homeowner warranty : Which of the following statements regarding a homeowner warranty is FALSE?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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