Answer:
Marigold should report an inventory amount of $265,000.
Explanation:
The term FOB (Free On Board) describes at what point the ownership of goods is transferred from the seller to the buyer. In case of FOB shipping point, the ownership of the goods is transferred to the buyer once the goods are shipped for transit. In case of FOB destination, the ownership of the goods is transferred to the buyer once the goods are received by the buyer.
Therefore, the goods in transit <em>purchased </em>by Marigold on FOB shipping point basis should be added to its inventory. The goods in transit <em>sold </em>by Marigold on FOB destination are also currently owned by Marigold so they shall also be added to its inventory.
The inventory amount to be reported by Marigold is computed as follows.
Physical inventory in hand $209,500
Add: Purchases on FOB shipping point basis $28,000
Add: Cost of goods sold on FOB destination basis $27,500
Inventory amount to be reported $265,000
Answer:
C, 4.
Step-by-step explanation:
Im not sure how to explain it, i just know that it's C! :))
Answer: There are 400 tadpoles in the year 1994.
This is because any point is of the form (x,y) where in this case
x = year number
y = tadpole population number
So (x,y) = (1994, 400) means x = 1994 and y = 400 pair up together.
In short, the year x = 1994 corresponds to the population of y = 400 tadpoles.
From the years 1990 to 1992, the population is increasing since the curve goes upward when moving from left to right. Then from 1992 to 1993, the population decreases hitting its lowest point in that specific region. From 1993 to 1997, the population increases before it decreases again from 1997 to 1999.
11/21 would be the answer
14x-14>7x+7
14x - 7x > 7 + 14
7x > 21
x > 21/7
x > 3