Answer:
$247,800
Explanation:
Inventory December 31
physical inventory on December 31 $200,000
Add: Goods purchased FOB shipping point $26,400
Add: Goods sold FOB Destination <u> $21,400</u>
$247,800
FOB Shipping Point - the purchaser gains title to the inventory at the shipping point, so when Pelzer shipped the goods, they belonged to Stallman.
FOB destination - means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman
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Answer:
B) the uneven distribution of gains and losses from free trade.
Explanation:
One of the most important reasons why governments impose trade barriers is to protect domestic jobs (and domestic industries). We are part of a society (country), and society's most important component is people, not money. Generally the economic gains of free trade are larger than the economic losses, but the economic losses hurt the most.
Imagine if no trade barriers actually existed, how many millions of jobs would be lost in the US. Trade barriers are nothing new, the current president didn't invent them. He just incinerated them.
How does a leader tell the people that 10 or 20 million must lose their jobs and probably will not be able to find any similar jobs in the future just because the rest of society will benefit from cheaper products. The lives of 20 million households (50-80 million people) would be destroyed, while 280 million people would benefit.
The amount of harm done to the people that lose their jobs is much greater than any individual benefit.
Hi there the answer to your question is D. Billions, hope I have help:)
Answer:
The false statement is letter "D": Bonds are always less risky than stocks.
Explanation:
A bond is a unit of debt issued by a company to the bondholder and considered tradeable security. A bond has a fixed return since it is paid at a fixed rate. The price of the bond is inversely correlated with the interest rate: when the rate goes up the bond price fall and when the rate falls the bond price goes up. Even if bonds are less risky than stocks, they are not always less risky than stocks.
