Sheridan Corporation had net income of $1940000 and paid dividends to common stockholders of $307000 in 2017. The weighted average number of shares outstanding in 2017 was 776000 shares. Sheridan Corporation's common stock is selling for $45 per share on the NASDAQ. Sheridan Corporation's price-earnings ratio is

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.