Routing Number for Academy Bank NA in Colorado. A routing number is a 9 digit code for identifying a financial institute for the purpose of routing of checks (cheques), fund transfers, direct deposits, e-payments, online payments, etc. to the correct bank branch.
The cost of carrying or holding inventory is the sum of the following costs: 1  Money tied up in inventory, such as the cost of capital or the opportunity cost of the money. 2  Physical space occupied by the inventory including rent, depreciation, utility costs, insurance, taxes, etc. 3  Cost of handling the items.  Cost of deterioration and obsolescence.
Another quick method of calculating the cost of carrying inventory consists in adding 20% to the current prime rate for borrowing money. For instance, if the prime rate is 10%, the carrying costs would be 10+20=30%. For the reasons mentioned previously, it is hard to give more precise estimates.