Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

Sparkle Co. sells and ships merchandise to Fedora Co. Perpetual inventory is used by both companies. The freight terms are FOB Destination Point. Which of

Sparkle Co. sells and ships merchandise to Fedora Co. Perpetual inventory is used by both companies. The freight terms are FOB Destination Point. Which of the following is correct?

		Fedora will pay the freight and charge it to Freight-out.
		Fedora will pay the freight and charge it to Merchandise Inventory.
		Sparkle will pay the freight and charge it to Merchandise Inventory.
		Sparkle will pay the freight and charge it to Freight-out.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditor Jokes The Ultimate Collection Of Auditor Jokes

Auditor Jokes The Ultimate Collection Of Auditor Jokes

Authors: Chester Croker

1st Edition

1080090169, 978-1080090167

More Books

Students also viewed these Accounting questions

Question

★★★★★

What actions were taken to overcome resistance to organizational change at Guinness?

Answered: 1 week ago

Question

★★★★★

=+2. What four attitudes are at the core of the scientific approach?

Answered: 1 week ago

Question

★★★★★

On December 31, 2010, Excello Electric Company had $1 million of short-term notes payable due February 7, 2011. Excello expected to refinance these notes on a long-term basis. On January 15, 2011 the...

Answered: 1 week ago

Question

★★★★★

Sparkle Co. sells and ships merchandise to Fedora Co. Perpetual inventory is used by both companies. The freight terms are FOB Destination Point. Which of the following is correct? Fedora will pay...

Answered: 1 week ago

Question

★★★★★

Macco Bakers requires $500,000 in financing for a 90-day period. Three alternatives are being considered. a. Establish a line of credit with the bank at an interest rate of 8 percent. The bank will...

Answered: 1 week ago

Question

★★★★★

Mariana and Deion are collecting information for a marketing class project involving their client, the Humane Society. Neither one of them lives in the city where their university is located, and...

Answered: 1 week ago

Question

★★★★★

6. To ensure that only one eGrants user is reviewing a particular subapplication at any given time, it is necessary to ______. A. check in the subapplication B. reserve the subapplication C. lock the...

Answered: 1 week ago

Question

★★★★★

Clearwater Electronics plans to open a company subsidiary in Dubai, United Arab Emirates. The new office will have several engineering positions to fill and has asked for assistance from the HR...

Answered: 1 week ago

Question

★★★★★

Harry is convinced that a secret government agency is watching him. To protect himself, he sits in his darkened apartment with boarded windows and doors. Which type of schizophrenic delusion does...

Answered: 1 week ago

Question

★★★★★

Which of the following is a tool used to identify team strengths? Option 1: SWOT Analysis Option 2: Planning Poker Option 3: Product Backlog Option 4: Service Level Agreement

Answered: 1 week ago

Question

★★★★★

Empowerment may only be appropriate in low uncertainty avoidance, individualistic and low power distance cultures, and where information and status are not protected.

Answered: 1 week ago

Question

★★★★★

6 They therefore need to work at the strategic level associated with change, adaptation and development and the operational level associated with the realism of budgetary constraints and vertical...

Answered: 1 week ago

Question

★★★★★

2 The control and use of power may be problematic. There is little formal power available to sanction members in the case of failure. Managers were selected irrespective of position in the hierarchy....

Answered: 1 week ago

Previous Question Next Question