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Fynjy0 [20]
3 years ago
6

The company received an order on December 29 that was boxed and was sitting on the loading dock awaiting pick-up on December 31.

The shipper picked up the goods on January 1 and delivered them on January 6. The shipping terms were FOB shipping point. The goods had a selling price of $37,050 and a cost of $26,520. The goods were not included in the count because they were sitting on the dock.
Business
1 answer:
Natasha_Volkova [10]3 years ago
5 0

Answer:

That was a mistake since those gods were part of the company's inventory. FOB shipping point refers to sales transactions where the title of the good is transferred once the goods leave the company's warehouse or shipping dock. In this case, the goods left the company on January 1, so they should have been included in the company's inventory of December 31, and the sales should be recognized during January, not December.

Explanation:

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Provisions of the Fifth and Fourteenth Amendments guarantee that no person shall be deprived of life, liberty, or property witho
Naily [24]

Answer: individuals and corporations.

Explanation: A legal person refers to a human or non - human entity. It is any organisation, individual or other entity that is subject to obligations and who has legal rights. Any legal person can enter into contracts, own property, or be sued. This means that the 4th and 5th amendments apply to all parties under the definition of a legal person.

6 0
4 years ago
where cost is in dollars and time is in minutes. The cost of driving an automobile is $5.50 with a travel time of 21 minutes, wh
LenKa [72]

This question seems incomplete. Here is the detailed and complete question:

A work-mode-choice model is developed from data acquired in the field in order to determine the probabilities of individual travelers selecting various modes. the mode choices include automobile drive-alone (dl), automobile shared-ride (sr), and bus (b). the utility functions are estimated as follows: udl = 2.6 - 0.3(costdl) - 0.02(travel timedl) usr = 0.7 - 0.3(costsr) - 0.04(travel timesr) ub = -0.3(costb) - 0.01(travel timeb) where cost is in dollars and time is in minutes. the cost of driving an automobile is $5.50 with a travel time of 21 minutes, while the bus fare is $1.25 with a travel time of 27 minutes. how many people will use the shared-ride mode from a community of 4500 workers, assuming the shared-ride option always consists of three individuals sharing costs equally?

Answer: 828 workers will use the shared - ride mode.

Explanation: You can see the attached for a more detailed explanation.

7 0
3 years ago
Read 2 more answers
McLaughlin borrowed her roommate's car just to take her mother to the hospital. While delivering her mother at the hospital, McL
PolarNik [594]

Answer:

Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.

Explanation:

Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.

However, the situation is tricky here since he is not the owner of the car.

The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.

If his friend has a car insurance, that will cover for the damages as well.

And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.

4 0
3 years ago
Suppose that a researcher discovers that a measure of the total amount of debt in the U.S. economy over the past twenty years wa
ArbitrLikvidat [17]

Not necessarily. Although the total amount of debt has predicted inflation and the business cycle better than M1 or M2, it may not be a better predictor in the future.

<h3><u>What is inflation?</u></h3>
  • Price increases, or inflation, can be thought of as the gradual loss of purchasing power.
  • The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines.
  • A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage.
  • Deflation, which happens when prices fall and buying power rises, can be compared to inflation.
  • The objective of measuring inflation is to determine the overall effect of changes in price for a variety of goods and services.

Without some theoretical reason for believing that the total amount of debt will continue to predict well in the future, we may not want to define money as the total amount of debt.

Know more about inflation with the help of the given link:

brainly.com/question/15692461

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3 0
1 year ago
Why is price important to a company?
alukav5142 [94]

Answer:

B. It is a part of the marketing mix.

Explanation:

Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

Price is important to a company because it is a part of the marketing mix.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.

5 0
3 years ago
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