1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
The banking system in the united states is a dual banking system with both state and ___________ banks.
Viktor [21]
The answer is probably national
6 0
3 years ago
Read 2 more answers
Why did the artist, Pablo Picasso, become wealthy during his lifetime and the artist, Vincent van Gogh, remain poor his entire l
Harman [31]

<u>The reason that Pablo Picasso, become wealthy during his lifetime and the artist, Vincent van Gogh, remain poor his entire life:</u>

Pablo Picasso and Vincent van Gogh had more features in common. They had unanimously indistinct style of arts which had become immediately identifiable.

In spite of all that, Picasso died as a rich man owning an estate which is estimated at nearly 750 million dollar whereas Van Gogh died as a pauper.

Studies claim that the reason behind this would be that, Van Gogh remained to be a loner and socially inactive. He was depending on his brother to meet the social world and in contrast Picasso was a charismatic active member in various social clubs where her had multiple number of contacts and connections.

It's been said that Pablo Picasso was a hub who had a vast network of social lines and Vincent Van Gogh was a silent or solitary node.

But now, the paintings of both the greatest artists were well spoken and sell for more than 100,000,000 US Dollars.

5 0
3 years ago
Why do buissness complete an a free enterprise system ?​
Kitty [74]
Here u go this is really helpful I just had this question yw

3 0
3 years ago
Roche Biotech provides company cars for its salespeople that cost an average of $25,000. Using the class recovery system of five
Len [333]

Answer:

$8,000

Explanation:

Data provided in the question:

Average cost of car = $25,000

Now,

Using the class recovery system of five years,

The rate of depreciation expense in year 2 of the MACRS is 32%

Therefore,

The depreciation expense in the year 2 will be

= Average cost of car × Rate of depreciation

= $25,000 × 32%

or

The depreciation expense in the year 2 = $8,000

7 0
3 years ago
In which of the following statements are the terms "demand" and "quantity demanded" used correctly?
Zina [86]

Answer:

B) When the price of ice cream rose, the quantity demanded of ice cream fell and the demand for ice cream topping fell.

Explanation:

A rise in the price of a good would lead to a fall in the quantity demanded of the good.

So, a rise in the price of ice-cream would lead to fall in the quantity demanded of ice cream.

A rise in the price of ice-cream would lead to a fall in the demand for ice cream toppings.

8 0
3 years ago
Other questions:
  • Harrison Corp. wants to raise its level of service to enhance customer experience. The board of directors send out an email cont
    15·1 answer
  • Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South
    8·1 answer
  • Select the correct answer.
    10·1 answer
  • On October 31, 2021, Damon Company’s general ledger shows a checking account balance of $8,415. The company’s cash receipts for
    10·1 answer
  • An earthquake destroys a major manufacturing plant that produces sneakers. the manufacturing plant for rubber, a complementary g
    6·1 answer
  • The world-famous discounter, Fernwood Booksellers, specializes in selling paperbacks for $7 each. The variable cost per book is
    10·1 answer
  • What needs would you strive to satisfy on the job? Why? What role would your manager play in helping you satisfy these needs?
    15·1 answer
  • What significance is hiring the right candidate to a bussines success?
    14·1 answer
  • Consider the P/E ratios of the following companies: Company A: 7.4 Company B: 11.3 Company C: 14.8 Company D: 9.1 Among these fo
    14·1 answer
  • ________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!