Question 51 (5 points) As a recently-graduated finance major embarking on a career in investment banking, you naturally must own a Benz immediately. The car cost $56,640. You also must spend $6,496 on blue pin-stripe suits. Your salary this year is $84,000, and next year it will be $92000. Your routine living expenses this year will be $68,000. You plan to make up the difference between current income and current consumption by getting a loan at a rate of 14%. You intend to repay the loan, plus interest, in one year. How much will you have left to spend next year? 1 Question 54 (5 points) ABC manufactures of Doors expects to sell 7.200 doors this year. The cost of placing an order from its supplier is $250. Each unit costs $50 and carrying cost are 20% of the purchase price, a. What is the economic order quantity? (2 marks) b. What are the total cost-orders plus carrying cost-of inventory over the course of the year