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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

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Consider three different closed economies with the following national income statistics. Country A has taxes of $40 billion, tra

scoray [572]

Answer: option B

Explanation:

in A) budget deficit = G+Tr - T

= 30+20-40

= 10

In B) private saving , Y-C-T = 60

Y = C+G+I

So, C+G+I-C-T = 60

G-T = 60-40 = 20

Budget deficit= 20, HIGHEST

In C) Y = C+G+I+Tr - T

300 = 180+G+ 90 + 20-60

G = 70

So budget deficit= G-T

= 70-60

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3 years ago

a type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called

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A type of <u>group</u> that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.

<h3>What is a constitution?</h3>

Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.

In conclusion, Association and labor groups are two types of groups that have a constitution and <em>bylaws</em> and have been formed for a reason other than getting insurance.

Read more about the constitution

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1 year ago

Rowe Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent quarter, it reported the following activit

Zina [86]

Answer:

$5,857; $1,105

Explanation:

Cash flows from investing activities:

= Proceeds from sale of property and equipment + Sale of investments - Purchase of property, plant, and equipment

= $6,594 + $134 - $871

= $5,857

Therefore, the net cash provided by the investing activities is $5,857.

Cash flows from Financing activities:

= Borrowings under line of credit (bank) + Proceeds from issuance of stock - Payments to reduce long-term debt - Dividends paid

= $1,417 + $11 - $46 - $277

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3 years ago

Which of the following information technology jobs involves managing data and making sure only authorized people can access that

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Database administrator

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3 years ago

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. If you still donate the $100,000 from Problem 16 today, but ask the college to delay the scholarship payment so that the first

motikmotik

Answer:

The annual scholarship payment = $5,693.25

Explanation:

Data Given:

In this question, we are required to calculate the future value up till 9th year and then

Donating Amount = $100,000

Time period = 9 years

Note: Here in this question, interest rate is not given without which this question is incomplete. However, I have found similar question on the internet and will be using its interest rate to solve this question for the sake of understanding and concept.

So, the interest we use will be = 4%

Formula for the future value:

FV = Present Value $(1 + r)^{n}$

Present value = $100,000

n = 9 years

r = 4% = 0.04

FV = 100,000 $(1 + 0.04)^{9}$

FV = 100,000 x 1.4233118

FV = Future Value = $142,331.18

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2 years ago