The chemco company uses a highly toxic chemical in one of its manufacturing processes. it must have the product delivered by special cargo trucks designed for safe shipment of chemicals. as such, ordering (and delivery) costs are relatively high, at $3600 per order. the chemical product is packaged in 1-gallon plastic contain- ers. the cost of holding the chemical in storage is $50 per gallon per year. the annual demand for the chemical, which is constant over time, is 7000 gallons per year. the lead time from time of order place- ment until receipt is 10 days. the company operates 310 working days per year. compute the optimal order quantity, total minimum inventory cost, and the reorder poin

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount