Cathy purchased several corporate bonds from a large corporation five years ago. she decides to sell those bonds to raise funds to start a business. since the bonds have a maturity date that is 10 years from the date of purchase, cathy would not be able to sell her bonds to other investors. true false

An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?