Question
For each of the following transactions, indicate which company had ownership of the goods in transit: a. Yankee sold merchandise to X-Mart Stores, with shipping
For each of the following transactions, indicate which company had ownership of the goods in transit:
a.Yankee sold merchandise to X-Mart Stores, with shipping terms of F.O.B shipping point. AnswerX-MartZendo Manufacturing CompanyYankee Wholesale CompanyStevenson Stores
b.Yankee purchased merchandise from Zendo Manufacturing Company, with shipping terms of F.O.B destination. AnswerX-MartZendo Manufacturing CompanyYankee Wholesale CompanyStevenson Stores
c.Yankee sold merchandise to Mary's Boutique, with shipping terms of F.O.B destination. AnswerX-MartZendo Manufacturing CompanyYankee Wholesale CompanyStevenson Stores
d.Sunshine Manufacturing Company sold merchandise to Yankee, with shipping terms of F.O.B. shipping point. AnswerX-MartZendo Manufacturing CompanyYankee Wholesale CompanyStevenson Stores
e.Yankee purchased merchandise from Warfield Manufacturing Company, with freight terms of F.O.B. shipping point. AnswerX-MartZendo Manufacturing CompanyYankee Wholesale CompanyStevenson Stores
f.Stevenson Stores purchased merchandise from Yankee, with shipping terms of F.O.B. shipping point. AnswerX-MartZendo Manufacturing CompanyYankee Wholesale CompanyStevenson Stores
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