Roadway Company purchases inventory from Fedway Company with the shipping terms FOB destination. This means that O A. Fedway Company will pay the freight on this transaction. O B. Roadway Company will include the goods in their inventory as soon as they leave Fedway's shipping.dock. O C. Roadway Company owns the goods while they are in transit O D. Legal title passes to Roadway Company when the goods leave Fedway's shipping dock.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Roadway Company purchases inventory from Fedway Company with the shipping terms FOB destination. This means that:
O A. Fedway Company will pay the freight on this transaction.
O B. Roadway Company will include the goods in their inventory as soon as they leave Fedway's shipping.dock.
O C. Roadway Company owns the goods while they are in transit.
D. Legal title passes to Roadway Company when the goods leave Fedway's shipping dock.
Click to select your answer.
P Type here to search
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Transcribed Image Text:Roadway Company purchases inventory from Fedway Company with the shipping terms FOB destination. This means that: O A. Fedway Company will pay the freight on this transaction. O B. Roadway Company will include the goods in their inventory as soon as they leave Fedway's shipping.dock. O C. Roadway Company owns the goods while they are in transit. D. Legal title passes to Roadway Company when the goods leave Fedway's shipping dock. Click to select your answer. P Type here to search ギ メ f6 ? 米 IO fs 、画 esc @ & $ 4 # * 3 8. W R ab LL
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