Tidwell company's goods in transit at december 31 include sales made(1) fob destination(2) fob shipping point and purchases made(3) fob destination(4) fob shipping point. which items should be included in tidwell's inventory at december 31?

(1) FOB Destination and (4) FOB Shipping Point

Explanation:

(1) When selling with terms of "FOB Destination" the seller (Tidwell) still owns the inventory when it is still in transit at period end (Dec 31).

(4) When purchasing with terms of "FOB Shipping Point" the purchaser owns the inventory the moment it left the seller's area, so Tidwell already owns the inventory even though it is still in transit.

"Shipping Point" is the Seller's Area

while "Destination" is the Buyer's Area

So when the phrase "Free On Board" is added on that term, it means that it does not own the inventory when in transit.

To Simplify:

FOB Shipping Point = Seller doesn't own the inventory when in transit.

FOB Destination =Buyer doesn't own the inventory when in transit.

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.

answer; capital structure decision;