1 the terms of sale are 44 net 35 what is the effective, Ask an Expert

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1. The terms of sale are 4/4, net 35. What is the effective annual rate of interest?

2. A company sells 136,362 units per year. Fixed costs per order are $107 and carrying cost is $22 per unit per year. What is the Economic Order Quantity?

3. ABC's stock closed at $91.96 a share today. The next day, the stock goes ex-dividend. The dividend that is being paid is $2.41 a share. Assume that the tax rate on dividends is 15%. All else remaining constant, what should the opening stock price be next morning?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92768239

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