Share
Explore BrainMass

Average inventory

Company ABC has expected sales of 12,000 units this year, an ordering cost of $6 per order and carrying costs of $1.60 per unit. What is the average inventory?
310 units
300 units
150 units
155 units
None of the above

9.The operating cycle begins when _____ and ends when_____.
inventory is purchased; inventory is sold
inventory is purchased; payment is received for the sale of that inventory
inventory is purchased; the supplier of the inventory is paid
the sale of inventory occurs; payment is received for the sale of that inventory
the sale of inventory occurs; the supplier of the inventory is paid

10.List three ways in which the firm can expedite payments and accounts receivables.

Solution Preview

Company ABC has expected sales of 12,000 units this year, an ordering cost of $6 per order and carrying costs of $1.60 per unit. What is the average inventory?
310 units
300 units
150 units
155 units
None of the above

Average inventory= This ...

Solution Summary

Response discusses average inventory

$2.19