Which of the following means that the shipment is free on board at the point of shipment and the buyer pays all transportation costs?
A) 4/10 eom
B) FOB shipping point
C) FOB destination
D) COD
Correct Answer:
Verified
Q35: In a perpetual inventory system,the entry to
Q36: Credit terms of 2/10,n/30 mean that the
Q37: FOB Destination means that the:
A)seller normally pays
Q38: Using the perpetual inventory system,discounts taken on
Q39: Credit terms of 2/10,n/30 indicate that a
Q42: From the following details,calculate net sales
Q43: Which of the following defines Gross profit?
A)Sales
Q44: Which of the following is GENERALLY the
Q45: In a perpetual inventory system,goods returned by
Q89: Gross profit is equal to Sales revenue
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