What is the discounted price

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Reference no: EM132857286

Questions -

Q1) The EOQ model is designed to minimize:

A) production costs.

B) the carrying costs of inventory.

C) the costs of replenishing inventory

D) the total costs of holding inventory.

Q2) A just-in-time inventory system:

A) eliminates all inventory costs.

B) reduces the inventory turnover rate.

C) focuses on immediate production needs.

D) maximizes inventory costs.

Q3) Marissa just purchased RM35,911 of goods from its supplier with credit terms of 2/6, net 30. What is the discounted price?

A) RM 40,765.23

B) RM 41,209.35

C) RM 35,192.78

D) RM 39,911.23

Q4) Sakinah Sdn Bhd offers credit terms of 3/4, net 15. Based on experience, 89 percent of all customers will take the discount. The firm sells 356 units each month at a price of RM643 each. What is the average book value of accounts receivable? Assume a 365-day year.

A) RM40,274.34

B) RM68,272.23

C) RM39,209.12

D) RM27,012.34

Reference no: EM132857286

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