8C4:

Cheeseburger and Taco Company purchases 8,245 boxes of cheese each year. It costs $29 to place and ship each order and $10.00 per year for each box held as inventory. The company is using Economic Order Quantity model in placing the orders.

What is the annual carrying costs of cheese inventory.

Round the answer to two decimals.

8D4:

Canadian Bacon Inc. financial statements are presented in the table below.

Based on the information in the table, and using a 365-day year, calculate cash conversion cycle

Round the answers to two decimal places