A company has purchased inventory and received an invoice that requires the buyer to pay the transportation costs for delivering the merchandise. The terms are ________
A) FOB destination
B) FOB shipping point
C) FOB, 2/10, n/30
D) FOB in transit
B
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[The following information applies to the questions displayed below.] Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions)•Acquired $6,000 cash from issuing common stock. • Borrowed $4,400 from a bank. • Earned $6,200 of revenues. • Incurred $4,800 in expenses. • Paid dividends of $800. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions)•Acquired an additional $1,000 cash from the issue of common stock. • Repaid $2,600 of its debt to the bank. • Earned revenues, $9,000. • Incurred expenses of $5,500. • Paid dividends of $1,280. What is the amount of total assets that will be reported on
Lexington's balance sheet at the end of Year 1? A. $7,600 B. $12,000 C. $1,600 D. $11,000
Natalie is designing a primary package for her new peanut butter popcorn. From a consumer's perspective, what should the packaging provide?
What will be an ideal response?
A firm should consider vertical integration when
A. customer needs are evolving. B. the suppliers of raw materials to the firm are unable to maintain quality standards. C. the competitive situation is highly volatile. D. the suppliers of the firm willingly cooperate with the firm.
The financial decision makers find NPV more intuitive because it measures benefits relative to the amount invested
Indicate whether the statement is true or false