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
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.

You might be interested in
Marketers describe the way a consumer processes information to arrive at brand choices as ________.
myrzilka [38]

Alternative evaluation is what Marketers characteristic the way the consumer make information to arrive at brand choices as alternative evaluation.  After buying a product, the consumer will be satisfied or dissatisfied and will engage in post purchase behaviour. The relationship between the consumer's expectations and the product's perceived performance determines whether the buyer is satisfied or dissatisfied with a purchase.

5 0
3 years ago
A disadvantage of the corporate form of business ownership is that:
Roman55 [17]

Answer:

b) most shareholders have little direct control over how the company is managed.

4 0
3 years ago
Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all invest
My name is Ann [436]

Answer:

Net present value  $1,363.50

Explanation:

The computation of the net present value of B is shown below:

Year         Cash flows         PVIFA factor at 15%      Present value

0              -$15,600                  1                                -$15,600

1                   0                        0.8696                              0

2                  0                        0.7561                                0

3                25,800                0.6575                      $16,963.50

Net present value                                                   $1,363.50

3 0
3 years ago
LO 1.3Briefly discuss the chain of command for someone being hired into an organization as a staff managerial accountant.
grin007 [14]

Answer:

A staff managerial accountant is part of the mid-level accounting management.

The top position in the chain of command is the Chief Financial Officer, who is in charge of all financial matters within the firm, especially of presenting accurate financial information at the end of the accounting year to management, stockholders, and potential investors.

Directly below him is the controller, an important position in charge of reporting financial statements during the year, and helping gather information for auditors during external audtis.

Below a staff managerial accountant would be lower level accounting who are in charge of bookeeping on a daily basis.

3 0
3 years ago
Eunice tells a colleague, "i wish professor carlson would retire. he's got a nice big office and the department can't afford to
Likurg_2 [28]
I believe that is an example of <span>disengagement theory.
</span><span>disengagement theory believe that a person will eventually disengage with his/her current social group as he/she got older.
This could happen either because that person already accomplish their final fulfillment in life or could no longer relate with the value that held by the current social group.</span>
6 0
3 years ago
Other questions:
  • Wither Spoon Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capa
    8·1 answer
  • The unemployment rate of: a. teenagers is much higher than that of adults. b. women greatly exceeds that of men. c. whites is ro
    9·1 answer
  • In its first year of operations, Jetway Airlines incurred and paid Salaries Expense of $40 million. On December 31, it accrued a
    7·2 answers
  • The jones' have always admired a house that sits on the top of a hill owned by the smiths. martin is a mutual friend of both the
    12·2 answers
  • In a game, a dominant strategy is a. the best strategy for a player to follow only if other players are cooperative. b. a strate
    5·1 answer
  • Journalize the following transactions for Griffin Company. Assume a perpetual inventory system. Also, assume a constant gross pr
    15·1 answer
  • Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.
    11·1 answer
  • Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate
    15·1 answer
  • During its first year of operations, JKL Company paid $11,065 for direct materials and $11,200 for production workers' wages. Le
    15·1 answer
  • Which type of savings account offers the best interest rates?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!