A customer in Japan will take responsibility and pay the freight and insurance for a ro-ro order from Long Beach, CA. Which Incoterm would be appropriate? O EXW O EXW Long Beach, CA O CFA O CFA Long Beach, CA
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- Which of the following is relevant to Kitchenware.com’s decision to accept a special order at a lower sale price from a large customer in China? a. The cost of shipping the order to the customer b. The cost of Kitchenware.com’s warehouses in the United States c. Founder Eric Crowley’s salary d. Kitchenware.com’s investment in its Web siteWhich of the following is relevant to Kitchenware.com’s decision to accept a special order at a lower sale price from a large customer in China? The cost of shipping the order to the customer. The cost of Kitchenware.com’s warehouses in the United States Founder Eric Crowley’s salary Kitchenware.com’s investment in its Web siteIf goods are shipped FOB destination, which of the following is true? A. Title to the goods will transfer as soon as the goods are shipped. B. FOB indicates that a price reduction has been applied to the order. C. The seller must pay the shipping. D. The seller and the buyer will each pay 50% of the cost.
- XYZ Marbles (PTY) Ltd has entered into agreement with Buy and Deliver (Pty) Ltd to provide thefollowing goods to its customer in South Korea. The terms of the agreement are as below:1. Buy and Deliver (Pty) Ltd is to arrange for the transport of the marbles from Namibia to the SouthKorean customer. The cost of transport will be on XYZ Marbles (Pty) Ltd2. Buy and Deliver (Pty) Ltd is to clear all the export requirements XYZ (Pty) Ltd in Namibia.3. XYZ Marbles (Pty) holds the risk of the Marbles stock until they reach the customer.4. XYZ (Pty) Ltd has set the price of the Marbles at N$ 1,000,000.00. Buy and Deliver is not allowed tomake any changes to the price set.The transaction has been completed as below:01 January 2020XYZ Marbles (Pty) Ltd completes the extraction of the marbles.30 January 2020Buy and Deliver arranges the transport to South Korea of the MarblesNumber of pictures posted Number of social media likes Number of Youtube views Date of completionLodge 1 15.00 65,000.00…XYZ Marbles (PTY) Ltd has entered into agreement with Buy and Deliver (Pty) Ltd to provide thefollowing goods to its customer in South Korea. The terms of the agreement are as below:1. Buy and Deliver (Pty) Ltd is to arrange for the transport of the marbles from Namibia to the SouthKorean customer. The cost of transport will be on XYZ Marbles (Pty) Ltd2. Buy and Deliver (Pty) Ltd is to clear all the export requirements XYZ (Pty) Ltd in Namibia.3. XYZ Marbles (Pty) holds the risk of the Marbles stock until they reach the customer.4. XYZ (Pty) Ltd has set the price of the Marbles at N$ 1,000,000.00. Buy and Deliver is not allowed tomake any changes to the price set. The transaction has been completed as below:01 January 2020XYZ Marbles (Pty) Ltd completes the extraction of the marbles.30 January 2020Buy and Deliver arranges the transport to South Korea of the Marbles 28 February 2020 The customer receives the goods and pays over the sale amount of N$ 1,000,000 to XYZ Marbles (Pty) Ltd 28…XYZ Marbles (PTY) Ltd has entered into agreement with Buy and Deliver (Pty) Ltd to provide thefollowing goods to its customer in South Korea. The terms of the agreement are as below:1. Buy and Deliver (Pty) Ltd is to arrange for the transport of the marbles from Namibia to the SouthKorean customer. The cost of transport will be on XYZ Marbles (Pty) Ltd2. Buy and Deliver (Pty) Ltd is to clear all the export requirements XYZ (Pty) Ltd in Namibia.3. XYZ Marbles (Pty) holds the risk of the Marbles stock until they reach the customer.4. XYZ (Pty) Ltd has set the price of the Marbles at N$ 1,000,000.00. Buy and Deliver is not allowed tomake any changes to the price set.The transaction has been completed as below:01 January 2020XYZ Marbles (Pty) Ltd completes the extraction of the marbles.30 January 2020Buy and Deliver arranges the transport to South Korea of the Marbles 28 February 2020 The customer receives the goods and pays over the sale amount of N$ 1,000,000 to XYZ Marbles (Pty) Ltd 28…
- Please explain all options 1) HST is A) Applicable on all invoices you issue but not on vendor invoices B) Applicable on all invoices you pay but not on invoices issued c) 13% is uniformly paid to the federal government in Canada d) A tax you include in your payments to your contractors 2) Competitive advantage can be gained through a) Skimming pricing strategy b) Focusing on distribution of your products in large retail stores c) Customer service enhancements d) Strategically following a low cost strategy 3) Which of the following is not a cash outflow a) Taxes b) Payments for future purchases c) Depreciation d) Payroll costs 4) If cost of goods sold is high relative to sales, it implies a) High variable costs b) That it does not matter c) High profit margin d) High fixed costs 5) Which one of the following is not true about franchising? a) Franchising contracts can include area developers b)Franchisee has full operational freedom c) Franchisor supports the operations of the…a. State how revenue should be recognized for PT. Kamaris PT. Kamaris has sold an electronic equipment on credit to PT Kelelawar. PT Kelelawar would use the equipment if it successfully secure a contract to sell goods to Highlander Co. PT Kamaris has agreed that the machine may be returned at 90% of the price, if PT Kelelawar fails to secure a contract with Highlander Co. b. State how revenue should be recognized for PT. Kamaros PT Kamaros is about to sell a new type of machine that can produce cakes with better quality. Since customer demand is relatively high, Kamaros is taking advance against orders from their customers. The selling price is Rp85,000,0000 per unit and so far 150 customers have paid the initial 30% non-refundable deposit.Stone Inc. is a company that purchases goods (e.g., chess sets, pottery) from overseas and resells them to gift shops in the United States. Stone Inc. is which of the following? a. Wholesaler b. Retailer c. Service firm d. Manufacturing firm e. None of these.
- The buyer should be responsible for the freight (legally) but the seller paid for it A. FOB shipping point, freight prepaid B. FOB shipping point, freight collect C. FOB destination, freight prepaid D. FOB destination, freight collect"Advise the Pricing practices or policies to be adapted for each of the items discussed below with proper reasons" Different ticket prices charged for Business & normal customers by airlines. Launch of phones & Television by a new companyunder the FCA term , a Indian customer ordered a batch of electronic watch from Chinese watchmaker, the seller deliver the goods on schedule to Guangzhou Baiyun airport, airlines to harvest and issue the air waybill, the seller notify the buyer payment, but the watch market prices, the buyer said he has not officially receiving, let the seller take back goods, refused to pay. ASK: is buyer's view reasonable?