Securities Group of answer choices Investment of money in a common enterprise with profits earned largely from the efforts of others. The federal law governing the initial issuance and sale of securities to the public. Federal process governing the tender offer process. Process at the state level of reviewing securities registrations to determine whether they are good investments.

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?