Ryan orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charges has been tacked onto his bill because he thought the price included freight costs. Ryan should have been certain that the order terms were
a. F. O. B. origin.
b. 2/10, n/30.
c. F. O. B. destination.
d. C. O. D.
e. F. O. B. factory.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ryan orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charges has been ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
belts cost $160 per carton and shoes cost $465 per carton. If an order came in for a total of 88 cartons for $19,265, what was the number of cartons of belts?
Answers (1)
A liability would be credited and an expense would be debited if the business A. paid a creditor. B. incurred an expense and didn't pay the expense immediately. C. bought supplies on account. D. bought supplies for cash.
Answers (2)
Other things equal, an increase in defense spending will increase the budget deficit. a. true b. false
Answers (1)
A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. assuming 60 percent of sales are on credit, what is the company's days' sales in receivables? (use 365 days a year.
Answers (1)
Name the currency that is used by 19 member states and 330 million people, though some politicians and economists are calling for its retirement.
Answers (1)
New Questions in Business
What is the difference between apparatus and materials?
Answers (1)
Incremental Analysis for Discontinuation Decision Total Contribution margin lost if special oats is discontinued Less: Fixed cost savings if special oats is discontinued Operating income if special oats is discontinued
Answers (1)
Russ owns a fried chicken stand that operates at the local beach. in calculating how much he earns from his business, russ notices a difference between his economic and accounting profits.
Answers (1)
Why did madison and jefferson disagree with hamilton's proposal for a national bank and what was the outcome?
Answers (1)
Managers are increasingly viewing the world as "one big marketplace" due to globalization and the interconnectedness of national economies.
Answers (1)