10/10 women - Bing images x mela torres - Bing images X PRE FINANCIAL MANAGEMENT II. X Course Hero X New tab X + X -> File | C:/Users/chris/Downloads/FINANCIAL%20MANAGEMENT%20ll.pdf Sign in 3 of 5 Q + 2 0 Page view | A Read aloud | Draw ~ Highlight Erase The Delta Lawn Supply Company is reviewing its inventory policy regarding lawn seeds. The following relationships and conditions exist: Orders must be placed in multiples of $100 bags. ii. Demand requirements for the year are 16 200 bags. . . . 111. Purchase price per bag is $5.00. IV . Carrying cost is 20% of inventory value. V. Fixed costs per order is $25. Vi. Desired safety stock is 300 units (this amount is on hand initially) Vii. Five days are required for delivery. Assume 360 days per year. Delta projects that cash outlays of $1.5 million will occur uniformly throughout the year. The company plans to meet cash requirements by periodically selling marketable securities from its portfolio. The company's marketable securities are invested to earn 9% and the cost per transaction of converting securities to cash is $18.00. Type here to search a 1:15 PM ENG 6/9/2021