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choli [55]
3 years ago
13

An advantage of the Free Alongside Ship Incoterms Rules is the thorough documentation of the receipt of goods at a port hold are

a or to quay alongside the ship.
a. True.
b. False.
Business
1 answer:
Lena [83]3 years ago
4 0

Answer:

The correct answer is False.

Explanation:

Incoterms are rules coordinated by the international community to arrange deliveries of products in advance and avoid inconvenience.

The Black’s legal dictionary explains that Incoterms are “standardized shipping terms, defined by the International Chamber of Commerce (ICC), that allocate costs and responsibilities between buyers and sellers for international freight transport.”

Although they do not constitute an international standard proper, as the ICC website explains, “they have been incorporated into contracts for the sale of products around the world, and serve as rules and as a guide to importers, exporters, lawyers, carriers, insurers and international trade students ”.

Regarding the delivery of the merchandise:

If the contract between the parties provides for the delivery of goods in accordance with the term EXW, then this will be made at the seller's factory or at the place it determines (for example, a deposit). In this case, the seller should not be responsible for transport costs, customs duties or liability for transport damage. Neither of the costs of loading the goods in the transport vehicle.

If the parties agree that the delivery be made in accordance with the term FCA, then the seller must deliver the goods to the carrier or to another person nominated by the buyer at a site established between the two, which is usually the international shipping point. It implies that the seller must face all transport costs and risks until the moment of delivering the goods; In addition to assuming customs costs at the boarding point.

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timama [110]

BeFriends Corporation uses the trademark of Community Life Inc.  a social media site, as a meta tag without Community Life’s permission. This may be permissible​ (a) if the appropriating site has nothing to do with the meta tag.

<u>Explanation:</u>

The using of the Meta Tag is Permissible because the trade mark name is being used for a different product or service and it does not involve any kind of  trade mark infringement.

4 0
3 years ago
Read 2 more answers
Shelton, Inc. has sales of $435,000, costs of $216,000, depreciation expense of $40,000, interest expense of $21,000, and a tax
Ad libitum [116K]

Answer:

The Income Statement  is-

Sales = $435,000

Costs = 216,000

Depreciation = 40,000

EBIT= $179,000

Interest = 21,000

EBT = $158,000

Taxes = 55,300

Net income = $102,700

I have done this question before in my "Money Management" Dual enrolled class.

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4 0
3 years ago
he Alford Group had 220,000 shares of common stock outstanding at January 1, 2018. The following activities affected common shar
cricket20 [7]

Answer:

Consider the following calculation

Explanation:

1. Determine the 2018 EPS.

EPS = Net Income / Weighted Average number of shares

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares = 2,20 – (24x10/12) + (24x2/12) + (96x1/12)

= 2,52 Shares

EPS 2018 = $15,90 / 2,52 Shares

= $6.31 per share

2. Determine the 2019 EPS.

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares

=[ 2,20 – 24 + 24 + 96 ] x 2 Stock Split

= 6,32 Shares

EPS 2019 = $15,90 / 6,32 Shares

= $2.52 per share

3. At what amount will the 2018 EPS be presented in the 2019 comparative financial statements?

Numerator

Net Income = $15,90

Denominator

Weighted Average number of shares

= 2,520 x 2 Stock split

= 5,04 Shares

EPS = $15,90 / 5,04

= $3.15 per share

8 0
2 years ago
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strojnjashka [21]

Answer: Mm mjuuuuuuuuuuuuuuuuuuuuuh

Explanation: Mm mjhuuuuuuuuuuuuuuuuuuuuuh

5 0
3 years ago
Read 2 more answers
Suppose that you go to a bank at which you have no account, give the bank cash, and in return obtain a check drawn against that
igomit [66]

Answer:

Cashier's check.

Explanation:

These checks are said to be quaranteed and issued in the bank by the banking institute. It contains the name of the receiver receipiant which has been inscribed in the check by the banking institute or credit union attached to the receiver also with the amount of money written on it. This amount written on it is known to be the withdrawable amount.

The cashier's check can be sent out in form of a letter, fax or even a mail to the intended persons or organisation making the withdrawal.

Here, monies which are been orders are easily secured by use of a cashier’s checks.

3 0
3 years ago
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