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Ashton agrees to purchase certain inventory items from Duart. Duart is to ship the goods F.O.B. destination. At Ashton's fiscal year end, Duart called to
Ashton agrees to purchase certain inventory items from Duart. Duart is to ship the goods
F.O.B. destination. At Ashton's fiscal year end, Duart called to say that the goods had
been shipped and Ashton could expect to receive them within a week.
A. Ashton should include the goods in inventory.
B. Ashton should not include the goods in inventory.
C. Ashton may optionally include the goods in inventory.
D. Ashton may optionally exclude the goods from inventory.
E. None of these.
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