Reference no: EM132066819

1. Which of the following increases cash, all else equal?

1) longterm debt is reduced?

2) decreasing accounts receivable?

3) longterm debt is reduced and decreasing current liabilities?

4) decreasing accounts receivable and decreasing fixed assets?

2. The Book Store begins with 300 black pens and reorder when all of them are sold. There is a $2 carrying cost per pen. The Book Store sells a total of 2100 black pens a year, and it costs the bookstore $10 everytime they restock.

1) Total Carrying Cost per pen?

2) How many times a year must the bookstore restock their pens?

3) What is the total restocking cost of pens?