All categories

2 years ago

If goods in transit are shipped FOB destination

Business

1 answer:

AleksandrR [38]2 years ago

5 0

Answer:

b. the seller has legal title to the goods until they are delivered.

Explanation:

When the goods are in the transit and are shipped FOB destination, the title of the goods would be with the seller. If the goods are delivered, then the legal title would be transferred from the seller to the buyer. Until the goods are in transit, the legal title is with the seller itself.

Both the parties are eligible for the legal title. It can be either a buyer or seller depending upon the situations

Hence, the correct option is b and the rest options are wrong

You might be interested in

Glamour Gal, a popular women's cosmetics company is gaining popularity among younger women. Differentiating itself from the sea

s2008m [1.1K]

Answer:

The correct answer is letter "B": False.

Explanation:

An oligopoly is a market where a few companies collide to take control of the price and supply of the goods or services provided. On the other hand, a monopolistic competitive market is characterized by having many companies competing against each other. The competitive advantage of firms will determine if consumers choose to buy the products of one company or the other.

Thus, <em>Glamour Gal is a monopolistic competitive market.</em>

7 0

3 years ago

A plant is proposing to install a combined heat and power system to supply electrical power and process steam. Power is currentl

Degger [83]

Answer:

Cumulative net present value of the project is:

= $33.5 million.

The discounted cash flow rate of return is:

= 26%

Explanation:

a) Data and Calculations:

The capital cost of the combined heat and power system = $23 million

Expected net savings per year = $10 million

Project period = 10 years

Discount rate = 12%

Annuity PV factor for 10 years at 12% = 5.650

Total PV of the cash flows = $56.5 million (5.650 * $10 million)

NPV of the project = $33.5 million

Annualized NPV = $33.5 million/5.650

= $5,929,204

Discounted cash flow rate of return = Annualized NPV/Investment * 100

= $5,929,204/$23,000,000 * 100 = 26%

6 0

3 years ago

In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind

meriva

Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.

3 0

3 years ago

3+4 whlskfjsdalfkjdlfkasdjflskjfdslkfjflkajfa

slega [8]

8jsjsnabjaiaoapqkwnhfiteotslhvhoeoteyoojdotaotps

6 0

2 years ago

Suppose the cost of capital of the Gadget Company is 10 percent. If Gadget has a capital structure that is 50 percent debt and 5

myrzilka [38]

Cost of equity capital is closest to: 16 percent

Solution:

WACC is covered on page 120 Corporate Finance, under Capital Structure.

Using the standard equation for WACC = %wt Equity x cost of equity (re) + %wt Debt x cost of debt (rd).

Since there is a 20% tax rate for the firm, the cost of borrowing is reduced by that amount. So the cost of debt is 4%, not 5%.

Plug the formula: 10% = 50% x re + 50% x 4%

The formula ( i.e. 0.1+(0.1-0.05)(1)(1-0.2)) in CFAI reading is questionable.

The calculation is 0.1+(0.1-0.05*(1-0.2))*(1)=16%

7 0

3 years ago