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QUESTION 1 ( 2 0 Marks ) 1 . 1 REQUIRED Study the information provided below and determine whether Neston Traders should borrow the cash
QUESTION Marks REQUIRED Study the information provided below and determine whether Neston Traders should borrow the cash to settle the account. Motivate your answer by calculating the cost of forfeiting the discount expressed as a percentage to two decimal places marks INFORMATION Neston Traders purchased inventory on credit for R The supplier offered Neston Traders the option to settle the account by paying R up to days after the sale or pay R by the end of days. Neston Traders can borrow cash from its bank at a rate of percent per annum to settle the account within days. REQUIRED Use the information provided below to calculate the economic order quantity. marks INFORMATION Maxwell Wholesalers anticipates sales of units per month, a purchase price of R per unit, an ordering cost of R per order, and a carrying cost of of the unit cost price.
QUESTION Marks
REQUIRED
Study the information provided below and determine whether Neston Traders should borrow the cash to settle
the account. Motivate your answer by calculating the cost of forfeiting the discount expressed as a percentage to two decimal places
marks
INFORMATION
Neston Traders purchased inventory on credit for R The supplier offered Neston Traders the option
to settle the account by paying R up to days after the sale or pay R by the end of days.
Neston Traders can borrow cash from its bank at a rate of percent per annum to settle the account within
days.
REQUIRED
Use the information provided below to calculate the economic order quantity.
marks
INFORMATION
Maxwell Wholesalers anticipates sales of units per month, a purchase price of R per unit, an ordering cost of R per order, and a carrying cost of of the unit cost price.
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