Answer the Following Question(s) Using the Information Below

question 46

Multiple Choice

Answer the following question(s) using the information below:
Green Grass Incorporated is a distributor of golf balls. Garry's Golf Supplies is a local retail outlet which sells golf balls. Garry's purchases the golf balls from Green Grass Incorporated at $0.75 per ball; the golf balls are shipped in cartons of 72. Green Grass Incorporated pays all incoming freight, and Garry's Golf Supplies does not inspect the balls due to Green Grass' reputation for high quality. Annual demand is 172,800 golf balls at a rate of 3,322 balls per week. Garry's Golf Supplies earns 12% on its cash investments. The purchase-order lead time is one week. The following cost data are available:

-If Garry's makes an order (1/12 of annual demand) once per month, what are the relevant total costs?

• A) $1,500.00
• B) $2,085.67
• C) 2,225.00
• D) $3,000.00
• E) $680.00

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Check Register

A record book or electronic document used to track checks written, deposits made, and current balances in a checking account.

Outstanding Check

A check that has been written and issued but not yet cashed or cleared by the bank.

Service Charge

A charge imposed to cover expenses associated with the main product or service being acquired.

Adjusted Cash Balance

The cash amount shown on a company's books after adjustments have been made for checks written or deposits in transit.