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GaryK [48]
3 years ago
6

Merchandise sold FOB destination indicates that: Multiple Choice The seller transfers title to the buyer once the merchandise is

shipped. The merchandise has not yet been shipped. The seller holds title until the merchandise is received at the buyer's location. The merchandise will not be shipped until payment has been received.
Business
1 answer:
bekas [8.4K]3 years ago
3 0

Answer:

The seller transfers title to the buyer once the merchandise is shipped

Explanation:

Free onboard shipping point refers to a practice where the buyer of a product takes responsibility of the good once it is shipped by the seller.

So when the supplier ships a product he can record a sale because the ownership of the good has been shifted to the seller abd he will be paid for services rendered.

The buyer will record an increase in his inventory at this point and make provision for risk of shipping along with shipping cost.

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Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 10% each
pogonyaev

Answer:

total revenue = is 99300

Explanation:

given data

expects to sell in October = 3,000 units

expects sales to increase  = 10%

Sales price stay constant = $10 per unit

solution

we get revenue hereby the sum of revenue of oct + nov + dec

revenue = price × quantity    .........................1

total revenue = is 99300

8 0
2 years ago
Suppose a professional basketball game is to be played at a suburban arena, which increases demand for parking on the night of t
marta [7]

Answer:

A. the supply of parking will be more elastic and the price of parking will increase by a relatively large amount the night of the game.

4 0
3 years ago
Which of the following is the process of​ designing, managing, and improving the movement of finished goods and works in process
IrinaVladis [17]

Answer:

E. Outbound logistics.

Explanation:

Outbound logistics is the process of​ designing, managing, and improving the movement of finished goods and works in process through the supply​ chain. In outbound logistics goods are stored, transported and distributed to the customers. There are two types of logistics, inbound and outbound. In inbound logistics, goods and materials move inside the organization while in outbound logistics the movement of the products is outside of the business. Outbound logistics is one of the important mechanism of the organization where they move their final products to the distributors, wholesalers and final consumers.

4 0
3 years ago
Alpha Company has assets of $620,000, liabilities of $260,000, and equity of $360,000. It buys office equipment on credit for $8
Sliva [168]

Answer: Increase in assets and increase in liabilities.

Explanation: As we know that accounting equation is denoted as :-

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where,

. Assets are the resources owned by the firm for the generation of revenue.

. Capital means the funds procured by company in the form of contribution        by the owners or in the form of debt.

. Liabilities are the obligations on the company.

.

Purchase of office equipment on credit will result in increase in assets as office equipment is used for administration purposes and as it is purchased on credit it will also increase its liabilities.

3 0
3 years ago
Define the 6 parts to a business letter
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1.) <span>Heading – This includes the return address of the sender and the date. Then add a blank line at the end of this part.

2.) I</span><span>nside Address – The address of who you are sending the letter to. The inside address is where the letter is being sent. Try to also list the recipient’s name and title if you know it. Add a blank line at the end of this part.

3.) </span>Greeting – The formal salutation. It normally begins with the word “Dear” followed by the person’s last name or title. End the greeting with a color and then add a blank line at the end of this part.

4.) <span>Body – The main message of the letter. This section is usually multiple paragraphs, ending with a summary of the main message point. Add a blank line at the end of this part.

</span>5.) Closing – Most often, the letter Body is followed by “Sincerely” and a comma. The closing’s left margin always matches the Heading’s left margin. Add three blank lines at the end of this part. 6. Signature – This is the name of the sender, with the sender’s title on the next line. Hope this helped!! 
6 0
3 years ago
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