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Ivahew [28]
3 years ago
5

Glenrosa Company bought inventory from Monterosa Company, FOB destination. On December 31, the last day of the accounting year,

the goods were on a truck owned by Common Carrier, Inc., and not expected to arrive until January 2. Which company should include these goods in its December 31 inventory?
A. Common Carrier
B. Monterosa
C. Glenrosa
D. None of them should include these goods in inventory.
Business
1 answer:
il63 [147K]3 years ago
4 0

Answer:

The correct option is (B) Monterosa

Explanation:

At the time when the goods are shipped so in the case of FOB destination the goods title would be transferred to the buyer at the time of reaching to the buyer destination as mentioned by the buyer. Till then it would be included in the seller's inventory

So as per the given situation, Monterosa should involves this goods in its closing inventory i.e. as on December 31

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When the IS organization and its resources are focused on efforts that support the key objectives defined in the managers' strat
o-na [289]

Answer:

Alignment

Explanation:

According to my research on Information Technology, I can say that based on the information provided within the question this means that the organization is in Alignment. This is basically when all sectors or categories within an organization are aligned and working in unison as a whole in order to solve a certain problem.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.40 dividend every year, in perpetuity. If thi
PilotLPTM [1.2K]

Answer:

The required return is 7.92%

Explanation:

Required return is defined as the minimum return which the investor expects to accomplish through investing in the project.

The required return would be computed as:

Required return = Dividend paid each year / Selling price per share

where

Dividend paid each year is $6,40

Selling price per share amounts to 480.80 per share

Putting the values above:

Required return = $6.40 / $80.80

Required return = 7.92%

7 0
3 years ago
Which of the following is correct? a. Short run fluctuations in economic activity happen only in developing countries. b. During
ivolga24 [154]

Answer:

The answer to this question is D When real GDP falls, the rate of unemployment generally rises.

Explanation:

Gross domestic product (GDP) is the total value of everything produced in a country, whether by its citizen or foreigners.

Real GDP is a measurement of economic output that accounts for the effects of inflation or deflation.  It provides a more realistic assessment of growth.  

Therefore when real GDP falls, the rate of unemployment  rises and this brings inflation  

8 0
3 years ago
If a company defaults on a loan, the organization that granted the loan may be able to seize the assets of the company.
mariarad [96]
This is indeed true
5 0
3 years ago
A commercial for the drink SunnyD explains how nutritious it is in comparison to other, more "sugary" drinks. While children und
Papessa [141]

Answer:

A commercial for the drink SunnyD explains how nutritious it is in comparison to other, more "sugary" drinks. While children under 12 are the most likely consumers of SunnyD, the commercial is aimed at mothers. These mothers represent SunnyD's target market.

Explanation:

Marketing is a way in which the producer can provide information about it's goods and service to the customers. The marketing channels can either be direct or indirect depending on which strategy works best for the company. The major reason for marketing is to provide more information about the product and services to cover a larger audience. There is always potential in marketing to convert an audience to a loyal customers depending on the effectiveness of the marketing strategy. More customers usually translates to an increase in sales, and ultimately to an increase in profits. Increased profits is a reflection on business success since most companies get into competitive business to make profits. An example of marketing strategy that is often is used is target marketing.

Target marketing is a type of communication with your potential customers that involves providing more information to a select group of people in the market. This is done by tailoring the message in such a way to ensure that it is directed towards that particular group of people. In the question above, the commercial is made in a certain way to target mothers and possibly convert them to loyal customers.

6 0
3 years ago
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