The broker at Deutsche Bank quotes bid-ask rates of ¥104.15-30/$. What would be its direct asking price for yen if the bank's €/$ ask rate is .6550?

Which of the following would not be included among the costs of carrying inventory?

A) obsolescence B) opportunity cost of capital C) risk of pilferage D) raw material cost

What are the two different types of costs a company incurs? Explain with examples

What will be an ideal response?