Answer:
Marigold should report an inventory amount of $265,000.
Explanation:
The term FOB (Free On Board) describes at what point the ownership of goods is transferred from the seller to the buyer. In case of FOB shipping point, the ownership of the goods is transferred to the buyer once the goods are shipped for transit. In case of FOB destination, the ownership of the goods is transferred to the buyer once the goods are received by the buyer.
Therefore, the goods in transit <em>purchased </em>by Marigold on FOB shipping point basis should be added to its inventory. The goods in transit <em>sold </em>by Marigold on FOB destination are also currently owned by Marigold so they shall also be added to its inventory.
The inventory amount to be reported by Marigold is computed as follows.
Physical inventory in hand $209,500
Add: Purchases on FOB shipping point basis $28,000
Add: Cost of goods sold on FOB destination basis $27,500
Inventory amount to be reported $265,000
Answer:
hi lol I need to type 20 characters
Answer:
1.6 i guess
Step-by-step explanation:
So if she tried 9 times then tried 7 times add up all her tries which equals 16 also do the same for the times she hit her target which is 10 then you get that she hit her target 10 times out of 16 tries the whole practice and is you but it in a decimal and divide it 16/10 you get 1.6
Answer:
x+5=12
x+7=15
x+ 1/2=1
x+1/3=1
4(x+1)= 8
1.5+x=3
Olivia is 5 years older than Nicole. The sum of their ages is 35. How old is each girl?
Step-by-step explanation:
how this helps!
PEMDAS
8 / -2 * 4^2 + 9
exponent
8 / -2 * 16 + 9
divide
-4 * 16 + 9
multiply
-64 + 9
add
-55
Hope this helps :)