Vivian owns a sunglass store in Key West, Florida. This store can sell 100 pairs of sunglasses per month. Currently, the sunglass cost $20 each pair and it takes 5 days to receive an order. Vivian pays the cost of $30 for each time she submits an order. Vivian uses 25% of item costs to compute annual holding costs and works 240 days in a year. Which statement is Not correct?
A. The annual holding cost is $300.
B. Average inventory level is 60 pairs.
C. Vivian needs to place 10 orders per year.
D. The reorder point is 25 pairs.
E. The average time between two consecutive orders is 20 days.

Walter wants to deposit $1,500 into a certificate of deposit at the end of each ofthe next 6 years. the deposits will earn 5 percent compound annual interest. ifwalter follows through with his plan, approximately how much will be in his accountimmediately after the sixth deposit is made?

Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.