Answer:
c. The party who has title to the inventory while in transit.
Explanation:
If you sell or buy FOB shipping point, then you could use this type of accounting method. The title of the goods is transferred immediately (as soon as the goods leave the seller's premises). But if the transactions are FOB destination, the title of the goods is transferred only after the goods have been delivered.
Answer:
$15,000,000
Explanation:
The local government comes under the control of state directly. The amount received from local government should be reported in state's investment trust fund.
Answer:
$100,890
Explanation:
To determine the value of the debt we must calculate the present value of the note:
present value = future value of the note / (1 + interest rate)⁵
present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685
present value = $100,890
Answer:
Dressing well, being prepared, having a positive attitude, arriving early for work and asking good questions.
Explanation:
Supplementary angles equal 180 degrees.
180-113= 67
m<2= 67
I hope this helps!
~cupcake
