Ending inventory is equal to the cost of items on hand plus
a. merchandise in transit sold to customers FOB shipping point.
b. merchandise in transit sold to customers FOB destination.
c. the cost of all inventory purchased during the period.
d. merchandise purchased in transit with terms FOB destination.
b
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According to the Small Business Administration, as of 2014, 52 percent of small businesses were
A. portfolio-based. B. home-based. C. nonprofit making. D. serial ventures. E. corporate ventures.
Define “adverse action” and explain who is affected by it.
What will be an ideal response?
Martha visits a departmental store and learns that a box of exotic candles would cost her ten percent more than what she had paid for it six months ago. In this scenario, Martha has to pay more as a result of__________
Fill in the blanks with correct word.
The holder of a negotiable document of title to whom the document has been duly negotiated has legal title to the goods covered by the document
a. True b. False Indicate whether the statement is true or false