The price of a stock is 60. This represent the present discounted value of all the future cash flows an investor expects to receive from the stock.

Equal protection applies to discrimination on the basis of

A. race, religion, and national origin. B. gender. C. such areas as physical or mental disability, sexual orientation, socio-economic background, or athletic team membership. D. All of these are correct. E. None of these are correct.

How many orders per year does Kushie's place if they order a cost minimizing quantity?

Kushie's Coffee in Bangalore is a quaint establishment nestled near MG Road in the central business district. It serves coffee and fruit cake to a clientele that has been enjoying these products for over fifty years. The demand for coffee beans is 6600 cases per year (each case has 24 ten-pound bags). It would be disastrous for them to run out of coffee, so they keep a safety stock of 30 cases. The cases cost $4800 and it costs $5 per case to order coffee. As coffee is a perishable product, the holding cost is fairly high at $40/case/year. The lead time to receive an order is seven days. Kushie's is open 300 days a year.