What is the eoq for underdog ltd

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Question 1: Explain what is meant by the cash cycle and how to shorten it.

Question 2: Consider the following financial statement information for the Underdog Ltd:

Item                       Beginning $                Ending $

Inventory                  1,540                         1980

Accounts receivable         1,100                        1540

Accounts payable            6,300                           6100

Net sales 33,000

Cost of goods sold 12,000

Calculate the operating and cash cycles. How do you interpret your answer?

Question 3: It is estimated that Underdog Ltd will require 20 000 units of product over the next 12 months. It has estimated the cost of acquisition as $2 per unit, and the carrying costs as 50 cents per unit. The cost per unit is $10. What is the EOQ for Underdog Ltd?

Reference no: EM132545104

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