a$)$ A company buys a batch of goods for NOK. $1$ million in the first quarter. Sales are zero. Tax is $22\%,$ and the company's average inventory time is $105$ days. What is the result after tax for the $1$ st quarter?

b$)$ A company must give customers a credit period of $15$ days. You can assume that you see this above one period of $70$ sales days, after which the project is assumed to end. Assume sales are the same every day over the period. Ignore taxes and fees. You can assume a relevant return requirement of $10\%.$ Make assumptions if necessary. How profitable$/$unprofitable is it for the company to give this credit, versus cash sales? The price is assumed to be the same in both options.

c$)$ Is there any connection between the warehouse's inventory turnover rate and outgoing inventory accounts receivable?

d$)$ In the Autovison case's solution, labor costs are not included. Could they have been included? Explain.

e$)$ Should changes in working capital always add up to zero? Justify your answer