Answer:
<h2>
$13,070
</h2>
Explanation:
The Cost of inventory = all cost of purchase; including costs of conversion and transfer.
Calculation of Inventory Cost FOB ship.
Cost of Purchase $12,000
Transportation-in $100
Shipping insurance $170
Car import duties $800
Total Cost $13,070
Answer:
<u>Line of credit </u>
Explanation:
A line of credit refers to a mechanism of availing short term credit from banks whereby a borrower is provided with a preset limit till which funds can be availed anytime.
As the borrower repays the money borrowed, the line of credit gets restored to the previous level provided it is an open line of credit.
Line of credit specifies the maximum limit till which money can be borrowed. The rate of interest and repayment time period are decided by the lender which is usually a bank.
Borrower is usually supposed to pay interest upon the money actually borrowed and not the full limit of the line of credit.
The philosophy discussed above is called enabling.
Enabling is providing workers with the education and tools they need to make decisions. Companies can empower workers by enabling them with the knowledge to make decisions that will benefit the company and satisfy the customers in the long run. This will lead to increase in profitability.
The principal duhhh dumb add jhit
