K-Pro Automotive Shop purchases 120,000 oil filters annually which are sold at an average of 400 per day over the course of a year at its national retail outlets. If the annual holding cost is fifty cents per filter, and the ordering cost is $75 per order, what is the reorder point

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396