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MAXImum [283]
3 years ago
6

Ending inventory is equal to the cost of items on hand plus: a. Items in transit sold f.o.b. shipping point. b. Purchases in tra

nsit f.o.b. destination. c. Items in transit sold f.o.b. destination. d. None of these.
Business
1 answer:
guapka [62]3 years ago
8 0

Answer:

C) Items in transit sold f.o.b. destination.

Explanation:

Ending inventory = all items in hand plus all purchases bought FOB shipping point plus all sales sold FOB destination.

FOB shipping point means that the title of the goods is transferred once the goods leave the seller's warehouse.

FOB destination point means that the title of the goods is transferred only after the goods arrive to the buyer's warehouse.

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Answer

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Explanation:

Borrowing money to pursue an advanced degree makes sense if You already have the financing to pay out of pocket.

3 0
2 years ago
Jackson Company uses a perpetual inventory system. On November 30, it purchased $10,000 of merchandise and it must pay the $200
pshichka [43]

Answer:

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Hence,

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A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the present value of an annuity fa
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The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:

PV=Pa_{n\rceil r}

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