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Fisk corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. FIsk anticipates sales of 75,000 units per year, an ordering cost of $8 per order, and carrying costs of $1.20 per unit.
a. What is the economic ordering quanity?
b. How many orders will be placed during the year?
c. What will the average inventory be?
d. What is trhe total cost of ordering and carrying inventory?
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The remainder was paid within the 30-day term. At the end of the annual accounting period, December 31, 2010, 90% of the merchandise had been sold and 10% remained in inventory. The company uses a periodic system.
You also know that the total return on the stock is evenly divided between a capital gains yield and diviend yield. If the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share
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