Freight In is the amount paid by the company to deliver merchandise sold to a customer
Indicate whether the statement is true or false
False
You might also like to view...
A company using the periodic inventory system has the following account balances: Merchandise Inventory at the beginning of the year, $3,600; Freight-In, $650; Purchases, $10,700; Purchases Returns and Allowances, $1,950; Purchases Discounts, $330 . The cost of merchandise purchased is equal to
a. $8,420 b. $17,230 c. $12,670 d. $9,070
Which of the following statements about how women buy cars today is most accurate?
A. For women, safety is about features that would help survive an accident. B. When it comes to the actual purchase process, women are more adept negotiators than men. C. Women have definite likes or dislikes when buying a car, but they don't feel comfortable expressing their opinions. D. Women care more about exterior styles and lines and men are more concerned with cargo space and gas mileage. E. Women usually shop one dealership before making a decision and men usually shop three.
In studying the legal environment of business, students also review ethics in a business context. Ethics includes the study of what constitutes? A)?fair or just behavior
B)?financially rewarding behavior. C)?legal behavior. D)?religious behavior.
In a marketing plan, which of the following would NOT be included in the Promotion area?
A. publicity B. advertising C. sales promotion D. packaging E. personal selling