The annual demand of a certain
product is 8000 units, ordering cost per
order is Rs.40, carrying cost is 10% of
average inventory value and purchase
cost is Rs. 10 per unit. The EOQ for the
product is
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Explanation:
A Bank's Balance Sheet. A balance sheet is an accounting tool that lists assets and liabilities. ... The net worth is the asset value minus how much is owed (the liability). A bank's balance sheet operates in much the same way. A bank's net worth is also referred to as bank capital.
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