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BUSINESS CALCULATOR ONLY! 5. Sleeter Company has determined that based on their Economic Order Quantity they will have an EOQ of 190,000 units for one

BUSINESS CALCULATOR ONLY! image text in transcribed
5. Sleeter Company has determined that based on their Economic Order Quantity they will have an EOQ of 190,000 units for one of their main products. They have carrying costs of $.75 per unit and will maintain an additional safety stock of 2,000 units. They will have total carrying costs of what for the year? A. $72,750 B. $143,250 C. $72,000 D. $144,000 6. The cost of not taking the discount on trade credit of 2/15, net 50 is equal to: A. 21.28% B. 35 days C. 16.55% D. 2.00% 7. Master Company wants $400,000 of product on January 1 of 2020 and needs to fund through the supplier. They will pay the discounted loan back on August 31 of 2020 (243 days) with $32,000 of interest. The effective rate on this loan is: A. 12.31% B. 8.00% C. 13.34% D. 12.25%

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