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Question 03 Janine Ltd. ships merchandise to Fastrak Corporation on December 30. The merchandise reaches Fastrak on January 5. Indicate the terms of sale (FOB

Question 03 Janine Ltd. ships merchandise to Fastrak Corporation on December 30. The merchandise reaches Fastrak on January 5. Indicate the terms of sale (FOB shipping point or FOB destination) that will result in the goods being included in (a) Janine's December 31 inventory will be included if the terms of sale are (b) Fastrak's December 31 inventory will be included if the terms of sale are

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