1)

Leaf It To Us Corporation is considering an expansion project. The necessary equipment could be purchased for $28,653,523 and shipping and installation costs are another $22,236. The project will also require an initial $180,047 investment in net working capital. What is the project's initial investment outlay?

Round the answer to the whole $.

2)

Aqua System Inc. expects to have $7,494,890 in credit sales during the coming year. Currently all checks are sent to the home office. A proposed lockbox system can eliminate 5 days of float, releasing funds which, when invested, will earn 7.79 percent per year. What annual savings can Aqua system expect if the system is implemented? Use a 365-day year.

Round the answer to two decimal places

3)

Post Card Depot, an large retailer of post cards, orders 6,663,279 post cards per year from its manufacturer. Post Card Depot plans on ordering post card 13 times over the next year. Post Card Depot receives the same number of post cards each time it orders. The carrying cost is $0.28 per post card per year. The ordering cost is $304 per order.

What is the annual carrying costs of post card inventory (round the answer to two decimal places)?

4)

Cheeseburger and Taco Company purchases 6,927 boxes of cheese each year. It costs $22 to place and ship each order and $6.15 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

Calculate Economic Order Quantity.

Round the answer to the whole number.