When a seller keeps the goods for pickup, if the seller is a merchant, the risk of loss passes to a buyer on tender of delivery.
Answer the following statement true (T) or false (F)
False
You might also like to view...
If a company purchases $3,200 worth of inventory with terms of 2/10, n/30 on March 3 and pays March 12, then the amount paid to the seller would be
a. $3,136 b. $3,150 c. $3,168 d. $3,200
Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year: Direct materials used$19,000 Direct labor used 24,500 Factory overhead 55,100 Beginning work in process inventory 10,700 Ending work in process inventory 11,300
A. $79,000. B. $43,500. C. $98,600. D. $98,000. E. $42,900.
In South Korea, the primary force leading to their financial crisis in 1997 was ________
A) financial liberalization B) fiscal mismanagement on the part of the government C) fraud in financial markets D) all of the above E) only B and C of the above
The mean of a standard normal probability distribution _____
a. is always equal to 1 b. can be any value as long as it is positive c. can be any value d. None of the answers is correct.