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EXERCISE 9: CASH AND CASH EQUIVALENTS A business can make 15% by investing its money in bonds. If the treasurer receive $20,000 30 days sooner,

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EXERCISE 9: CASH AND CASH EQUIVALENTS A business can make 15% by investing its money in bonds. If the treasurer receive $20,000 30 days sooner, how much would the company make? yrne na TOADE NAVADI) Learning Exercises 255 EXERCISE 5: NUMBER OF ORDERS PER MONTH A company has decided to market its products more aggressively. Current sales are 30,000 units per year and are expected to increase by 50% next year . Carrying costs are $0.20 per unit, and order costs are $7.00. The firm wants to minimize its inven- tory costs. Questions 1. What is the projected economic ordering quantity? 2. What is the projected optimal number of orders per month

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