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1.Research the following: FOB destination FOB shipping point Terms (ex. 1/10, n30) Assignment Requirements: Create and post a PowerPoint presentation You must be creative by
1.Research the following:
- FOB destination
- FOB shipping point
- Terms (ex. 1/10, n30)
Assignment Requirements:
- Create and post a PowerPoint presentation
- You must be creative by using pictures to describe how merchandise purchases flow through both an FOB destination and an FOB shipping point process. Make sure that the examples are clear enough that the viewer understands who owns the merchandise throughout the entire process.
- Provide an example of how Terms (ex. 1/15, n30) can save the purchaser money and why it is beneficial for a seller to offer Terms.
- Minimum of five slides
- Slides must include a title slide and a reference slide
- Must cite a minimum of two outside sources,
2 .Assume that you are the president of your company and paid a year-end bonus according to the amount of net income earned during the year. When prices are rising, would you choose a FIFO or weighted average cost flow assumption? Explain, using an example to support your answer. Would your choice be the same if prices were falling?
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