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Reika [66]
3 years ago
15

9. Zeta Automotive ordered transmissions from the Alpha Transmission Company on May 7, 1990. The terms of sale were FOB destinat

ion. The Alpha Company shipped the transmissions on May 22, 1990, and Zeta Automotive received them on June 1, 1990. When should Zeta Automotive record the account payable?
Business
1 answer:
Dennis_Churaev [7]3 years ago
8 0

Answer:

June 1, 1990

Explanation:

FOB Destination stands for <u><em>free on board </em></u><u>destination. </u>

Simply, it means that the goods in transit will be considered as the seller's responsibility until reached the buyer's destination.

Seller will bear all the liability until the order is delivered at buyer's destination.

Hence, Zeta Automotive (Buyer) will record the account payable only when the order is received on the June 1, 1990

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3 years ago
Suppose equilibrium savings equals $750 billion, and equilibrium GDP equals $3,500 billion. Investment spending rises to $900 bi
aleksandr82 [10.1K]

Answer:

Multiplier = 3.33

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7 0
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In the context of the external environment of a firm, which of the following statements is true of environmental scanning? A. Ma
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8 0
2 years ago
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the answer is 6

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Once you have this you can calculate the best combination to minimize the cost of shipping

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