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Factory requires 500 units of raw materials per month. If costs Rs. 100 for ordering to supply raw materials on every order. The holding cost is expected to be Rs. 2 per unit of average inventory.
Question 1. What is the value os EOQ
Question 2. What will be the minimum total cost? And what will be the maximum inventory level.
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The company granted options to certain executives to purchase 9,000 of its ordinary shares at 70 each. What is the total number of shares to be used
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Describe one of the three principles in financial reporting. These are the historical cost principle, the fair value principle, and the full disclosure.
Assume the same facts as those assumed for part (a), except that the 1,000 options were issued on October 1, 2010 (rather than in 2009). The average market price during the last 3 months of 2010 was $20.
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