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2 years ago

(True) or (False)? Goods in-transit to a buyer should be counted as buyer’s inventory if they were shipped FOB destination.

Business

1 answer:

Artemon [7]2 years ago

5 0

Answer:

Correct answer is FALSE

Explanation:

FOB Destination transfers ownership of the goods to the buyer after the goods reached to its destination (either in the buyer’s warehouse or any place stated in the contract to be delivered). Thus, goods in-transit under FOB destination still belongs to the seller and not to the buyer yet. Moreover, it should not be included to buyer’s inventory because the title of ownership of the said goods still belongs to the seller at the time of transit.

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1.) If it looks like a bank won't meet the Federal Reserve Bank's reserve requirement, normally it will first turn to the: (a) o

Arada [10]

Answer: A. other member banks and borrow money at the federal funds rate

Explanation: The first thing a Bank will do when it won't be able to meet the federal reserve Bank's requirement, is to borrow money at the federal funds rate from other Banks.

Federal Reserve Bank's reserve requirement or cash reserve ratio, it the minimum amount of reserve a commercial bank is expected to hold. It is practice by most Central Banks in the world but not all. A Bank that has excess of the minimum is said to have surplus reserve.

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2 years ago

choose ONE of the following home-based activities in which family members can work together as a unit and explain TWO ways in wh

enyata [817]

While parents, family, and community members may assume specific roles as they become involved in the education of children, for example as volunteers in the classroom (see Epstein and Connors' typology, 1993), a synthesis of the literature reveals three overarching roles that are created in the development and implementation of parent and community involvement programs (Lyons, Robbins and Smith, l983; Lynn, l994). Each of these roles is actualized in very different ways in relationships in classrooms, schools, and school districts:

Parents as the primary resource in the education of their children is best exemplified in home learning. Home learning is the activity, or set of activities, that parents and family members may engage in to help their children succeed academically. This partnership role between parents and/or family members and schools may have the greatest impact on achievement.

Parents and community members as supporters and advocates for the education of their children is facilitated through site-based school restructuring. Restructuring schools to create parent and community partnerships with schools focuses on organizational structure. Changing activities; creating new relationships between parents, families, communities, and schools; and implementing innovative strategies are ways that schools can restructure to facilitate parent and community involvement in this role.

Parents and community members as participants in the education of all children incorporates a broader vision in the partnership between schools and the populations they serve. Districtwide programs provide the vehicle for parents and community members to be involved in roles that reach beyond the immediate impact of an individual child to the impact on all children in the district.

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2 years ago

Polo Publishers purchased a multi-color offset press with terms of $40,000 to be paid at the date of purchase, and a noninterest

Ivanshal [37]

Answer:

$150,876.91

Explanation:

To calculate, the present value of an ordinary annuity formula is used as follows:

PV = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] …………………………………. (1)

Where;

PV = Present value of the payments =?

P = yearly payment = $30,000

r = interest rate = 11% = 0.11

n = number of years = 5

Substitute the values into equation (1) to have:

PV = $30,000 × [{1 - [1 ÷ (1+0.11)]^5} ÷ 0.11] = $110,876.91

Amount to record = $40,000 + $110,876.91 = $150,876.91

3 0

2 years ago

I. Discuss the rationale of organizing an industrial strike in resolving employee dispute with the

N76 [4]

Answer: The answer is provided below

Explanation:

Strike action, is a work stoppage, that is caused by mass refusal of employees to work and it usually takes place in response to the employee grievances.

Some of the reasons for strike include:

• Low wages: Employees engage in strik as a way to show their grievances to their employers that they're not well paid and want a pay rise.

• Poor communication with the organisation: Another reason for strikes is the lack of trust between employers and the trade unions. In cases whereby workers believe their employers aren't transparent with them, strike can take place.

• Employee debt: When employees are owed certain amount of money and the employer is not doing anything reasonable about paying, the workers may strike.

• Working conditions: Workers can engage in strike in order to seek for improvement in their working conditions. This may be probably because they need better equipments, medical facilities etc.

The detrimental effects that strikes has on various stakeholders in an economy are:

Effects on employers: Strike affects business and it is vital for employers to know their rights and keep up to date with the current labour laws and legislation. Strike leads to loss of revenue for the owner and if the strike continues.for a long time, it can badly affect the business.

Effects on employees: Striking employees who belong to a union are under the obligation to strike when the union wants. They can be at risk of losing their wages and benefits such as sick and holiday pay, medical aid insurance if the strike drags continues for an extended period of time.

Effect on the economy: The impact of strike will be felt by the economy in the immediate and long term future. Strike can harm a country’s investment and reputation internationally. The GDP growth will also be affected and consequences of higher wages in some sectors would lead to higher inflation.

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2 years ago

A/an ________ quote in the United States would be foreign units per dollar, while a/an ________ quote would be in dollars per fo

Brilliant_brown [7]

Answer:

The answer is A. indirect; direct

Explanation:

The direct quote values one currency against the value of another.

Indirect quote is a currency quotation in the foreign exchange market that expresses the variable amount of foreign currency required to buy or sell fixed units of the domestic currency.

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2 years ago

Read 2 more answers