Explanation:
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Answer:
$192,000
Explanation:
Data provided in the question:
Value of the house with three bedrooms, 2.5 bathrooms, and no patio = $200,000
Value of half bath = $10,000
Value of patio = $2,000
Now,
The comparable house has 0.5 bath less and 1 patio
Therefore,
While calculating the adjusted value of the comparable value of half bath will be deducted and value of patio will be added
Thus,
The adjusted value of the comparable = $200,000 - $10,000 + $2,000
= $192,000
Answer:
Explanation:
1. Merchandise held on consignment would be included in Phoenix's ending inventory as Phoenix is the consignor or supplier and Trout creek clothing is the consignee.
2. FOB destination goods are included in Phoenix's ending inventory as till the point goods reaches destination, it will be considered as part of the seller's inventory and would be transferred to buyer's inventory after goods reach destination.
3. In case of FOB shipping point, goods are included in buyer's inventory the day goods are shipped irrespective when it reaches the buyer. Here, Phoenix is the buyer so goods will be included in its ending inventory.
4. This would not be part of Phoenix's ending inventory as goods are shipped FOB shipping on December 28. So, this would be included in buyer's inventory.
5. In this case, Phoenix is the consignee and Lisa's market is consignor. So, merchandise on consignment would not be included in Phoenix's inventory.
6. Here, goods would not be included in Phoenix's ending inventory as terms are FOB destination and Phoenix is the buyer. Since, goods will arrive at the destination only On january 3, it will not be included.
7. Goods sold to a customer sitting on loading truck that has not yet been picked up by customer will not be included in Phoenix's inventory. It would be considered as customer's inventory.
8. Freight charges on goods bought are included in inventory cost of the buyer.
Answer:
Regardless of what Oceanic knew or could have discovered
Explanation:
An implied warranty for merchantability guarantees that a product will work as expected. if your oven won't maintain a stable temperature, it can't be relied upon to work properly and has violated the implied warranty of merchantability.
The warranty of merchantability is based off the idea that the seller is in a better state to know whether a product will perform properly. it encourages merchants to ensure the quality of their products before placing them on market.
