Puff co. acquired 40% of straw, inc.'s voting common stock on january 2, 2001 for $400,000. the carrying amount of straw's net assets at the purchase date totaled $900,000. fair values equaled carrying amounts for all items except equipment, for which fair values exceeded carrying amounts by $100,000. the equipment has a five-year life. during 2001, straw reported net income of $150,000. what amount of income from this investment should puff report in its 2001 income statement?

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?