16. Calculate EOQ if annual sales are 55,000 units, price per unit is $5, carrying costs are 25%, and fixed costs per order is $100.*

A.2,666.48

B.2,766.48

C.2,966.48

D.2,866.48

17. Refer to Question 16, if a firm allows a safety stock of 50 days, then what is the reorder point?*

A.7,434.25

B.7,634.25

C.7,734.25

D.7,534.25

18. Refer to Question 16 to calculate orders per year.*

A.18.54

B.17.54

C.19.54

D.16.54

19. What is the value at the end of 3 years for $340 with an interest rate of 4%?*

A.392.45

B.362.45

C.372.45

D.382.45

20. What is the value of $100 compounded semiannually at 23% per year over 6 years?*

A.269.23

B.169.23

C.369.23

D.469.23

21. What is the effective annual interest rate when 55% per year is compounded quarterly?*

A.0.87

B.0.77

C.0.67

D.0.57

22. What is the present value if 500 to be received 7 years from now if money in hand can be invested at 9%?*

A.473.52

B.273.52

C.373.52

D.573.52

23. What is the present value of future stream of receipts of 200 per year to be received at end of each year for next 5 years given discount rate of 7%?*

A.820.04

B.620.04

C.920.04

D.720.04

24. If 400 is invested at the end of each year for 2 years at a rate of 5% what will the ending value of the investment be?*

A.720.00

B.920.00

C.820.00

D.620.00