Which of the following is not a key role for financial managers with respect to inventory management?

a)assist in choosing the inventory system through capital budgeting analysis

b)select the optimal approach for financing inventory

c)determine the appropriate amounts of different phases of inventory (raw materials, WiP, finished goods, etc.)

d)help determine the optimal level of inventory

QUESTION 2

Firm E currently offers "10/0, net 30" credit periods for their customers. They are considering Project N, which will simply remove the discount window and only offer "net 30" in the future. Firm E currently produces and sells 12,000 units on day zero. Each unit costs $4 to produce and sells for $9. At present, 30% of customers pay immediately and 70% pay on Day 30. Without the discount, the firm predicts only 11,500 in sales, and all customers will pay on Day 30. The annualized cost of capital is 12%.

What is the NPV of Project N?

a. $46,840

b. -$26,420

c. -$51,680

d. $74,000

PLEASE ANSWER BOTH QUESTIONS!!!!!!!!!!!