The buyer must include goods purchased FOB shipping point in its inventory account if the goods are still in transit
a. True
b. False
Indicate whether the statement is true or false
True
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A $6,700, 8.5% note is dated April 10 and is due in 75 days. The maturity value of the note would be
a. $6,800.00. b. $6,818.65. c. $7,500.00. d. $7,075.00.
Explain the parts of an e-mail address and give an example (your own?)
Refer to the above table. If the price of a magazine is $2 and the price of a paperback book is $5 and the consumer has $19, the rational consumer will purchase
A) 2 magazines and 2 books. B) 2 magazines and 3 books. C) 5 magazines and 6 books. D) 6 magazines and 6 books.
The amount of goods and services each dollar buys at a given point in time is called:
A. inflation. B. the consumer price index. C. the purchasing power. D. the gross domestic product. E. the opportunity cost.