What is the average inventory level, based on EOQ, for a firm that has annual sales of 2,500 units, costs per order of $45, and carrying costs of $5 per unit?

While comparing hotel rates on Google's search engine, Brenda came across text-based ads and links alongside the search results. This form of advertising is known as ________

A) contextual advertising B) rich media ads C) content sponsorship D) catalog advertising E) social media advertising

Cash-2-Day Company currently trades for $20. Analysts regard it as fairly valued at its current price. The company has announced that it intends to spend $200.10 million on an open market repurchase

Assume that the company is able to repurchase shares at a price of $15. There are 400 million shares outstanding prior to the repurchase. What fraction of shares does the company repurchase? A) 3.34% B) 4.35% C) 5.35% D) 6.35% E) 7.35%