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17) Distinguish between the terms of FOB shipping point and FOB destination. Explain who would be responsible to pay the freight in each case. Smith

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17) Distinguish between the terms of FOB shipping point and FOB destination. Explain who would be responsible to pay the freight in each case. Smith Company has the following option: It can purchase 100 widgets for $75 dollars per widget basis FOB shipping point, or it can purchase 100 widgets at $80 per widget FOB destination Which is the better option for the Smith Company? Fully explain your answer. (10 points)

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