q1:Hammond Supplies expects sales of 235,254 units per year with carrying costs of $4.98 per unit and ordering cost of $9.98 per order. Assuming the level of inventory is stable, what is the optimal average number of units in inventory?

Round to the nearest whole number.

q2: Mavericks Cosmetics buys $3,217,316 of product (net of discounts) on terms of 10/10, net 60, and it currently pays on the 10th day and takes discounts. Mavericks plans to expand, and this will require additional financing. If Mavericks decides to forego discounts, what would the effective percentage cost of its trade credit be, based on a 365-day year?

Answer in % terms to 2 decimal places.