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Ready Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. ...

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Ready Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. ...

Ready Tees, an on line retailer of t-shirts, orders 100,000 t-shirts per year from its manufacturer. Ready plans on ordering t-shirts 12 times over the next year. Ready receives the same number of t-shirts each time it orders. The carrying cost is $0.10 per shirt per year. What is the annual carrying cost of the t-shirt inventory (rounded to the nearest dollar)?
A) $10,000
B) $5,000
C) $417
D) $834

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Financial Management: Core Concepts

Edition: 2^nd

Author: Brooks

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