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horsena [70]
2 years ago
11

If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are.

Business
1 answer:
BigorU [14]2 years ago
3 0

FOB shipping point

Explanation:

FOB affects the buyer's inventory cost adding liability for shipped goods increases inventory costs and reduce net income.

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The unemployment rate in an economy is 6 percent. The total population of the economy is 290 million, and the size of the civili
Natali [406]

Answer:

The answer is B.

Explanation:

Unemployed people are those who are out of work and who are actively looking for a job. They are also those citizens they are willing to work but cannot find.

The unemployment rate is 6 percent.

So, The number of unemployed workers in this economy is 9 million (6 percent of 150 million civilian labour force)

We cannot use the total population because out of it, we have young citizen and old ones who are not searching for or willing to work.

4 0
3 years ago
Which of these can be listed as benefits of filing your tax return online? I. Allows you to claim a larger number of deductions
telo118 [61]

Answer:

The answer is: C) II and III

Explanation:

The benefits for filing your tax return online are:

  • You can save money since you don't have to hire an accountant or other professional to file your taxes
  • It is very simple and easy, since the tax software is very user friendly and intuitive.
  • You can file your taxes from anywhere as long as you internet connection. This can save a lot of time and money, instead of having to physically go to an IRS office.
  • Tax software helps you gain financial knowledge and that is always useful.
  • It ensures accuracy since tax program can do accurate calculations on your behalf.
  • You can receive your tax refund faster if you file your taxes online. Usually within 21 days the IRS is sending out refunds based on taxes filed only.
3 0
3 years ago
Read 2 more answers
Residual Claims Haung. Inc; is obligated to pay its creditors $10,700 very soon.1. What is the market value of the shareholders
frosja888 [35]

Answer and Explanation:

The computation of the shareholder equity for each case is shown below:

a. For case one

As we know that

Total assets = Total liabilities + stockholder equity

$9,900 = $10,700 + stockholder equity

So, the stockholder equity is

= $10,700 - $9,900

= $800

b. For case two

Total assets = Total liabilities + stockholder equity

$9,990 = $10,700 + stockholder equity

So, the stockholder equity is

= $10,700 - $9,990

= $710

8 0
4 years ago
The Sun Company manufactures a special line of graphic tubing items. The company estimates it will sell 75,000 units of this ite
Mashutka [201]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The company estimates it will sell 75,000 units of this item in 2008. The beginning finished goods inventory contains 20,000 units. The target for each year's ending inventory is 10,000 units.

1) <u>To calculate the budgeted units of production, we need to sum the sales of the period to the desired ending inventory and subtract the beginning inventory.</u>

Production budget= 75,000 + 10,000 - 20,000= 65,000 units

2)

Each unit requires five feet of plastic tubing. The tubing inventory currently includes 70,000 feet of the required tubing. Materials on hand are targeted to equal three month's production.

First, we need to calculate the ending inventory at years end:

ending inventory= (75,000/12)*3= 18,750 units

Purchases= production for the period + ending inventory - beginning inventory

Purchases= 65,000*5 + 18,750*5 - 70,000= 348,750 feet

7 0
4 years ago
Budgeting for Needs
DanielleElmas [232]

Answer:

From the bank statement of $23000 the needs are:

  • cell phone plan = $45
  • rent = $400
  • car insurance = $60
  • Electric bill = $60
  • car payment = $250

Explanation:

A need is something needed for an individual to live a fulfilling life without adverse effect. if a need is not fulfilled it can cause an adverse effect like sickness,death or it might cause a fine or penalty.

cell phone plan is an need because without a cell phone plan a cell phone user might be unable to communicate properly with his business associates and family who might not always be with him and he might be unable to pass along proper and timely information as well

Rent is necessary because housing is one of the most important needs of a man without rent plan there would be no proper housing

car insurance: insurance helps to reduce the burden of accidents on the car owner. if he fails to pay his insurance when due. if the car is caught up with eventualities of accident, the insurance company might not respond to him

Electric bill : this is a very important need as well in America. failure to pay the electric bill results to shortage of electricity and electricity is vital to everyday living.

car payment: the regular payment of car loans helps to escape the penalty of late payment hence this is a need.

7 0
3 years ago
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