7. A) Calculate Economic Ordering Quantity (EOQ) if cost of carrying 1 unit in inventory = $24 total demand in units over planning period - 60,000 units ordering cost per order = $800 B) Calculate average inventory to be maintained if Safety stock is 3,000 units. 8. Calculate Chim Inc. Weighted Cost of Capital based on following information of their capital sources and structure: Source Cost Capital Structure 20% Debt 5% Preferred 8% 20% Common 60% 9. Explain any 5 axioms of finance with real examples. (500 words) 10. "Finance managers spend up to 60 percent of their time in working capital management." Explain the importance of working capital management.(500 words)