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The terms of the sale were 3/3, net 70. What is the effective annual rate of interest? Convert your answer to percentage and round

The terms of the sale were 3/3, net 70. What is the effective annual rate of interest? Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box. Question XYZ is a retailer and sells 188,000 units per year. It purchases from a single supplier. Fixed cost per order is $880 and carrying cost is $11 per unit. Suppose XYZ orders 5,000 units per order from the supplier. What are the total costs (sum of carrying costs and shortage costs)? Round off your answer to two decimal points. Do not enter $ in the answer box. Question XYZ is a retailer and sells 144,000 units per year. It purchases from a single supplier. Fixed costs per order are $876 and carrying cost is $13 per unit. How many units should XYZ purchase per order? That is, what is the Economic Order Quantity? Enter your answer rounded off to two decimal points. Margin for error: +/-1

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