Question: What does the term free on board mean? Why is this an important term to understand if you are involved in making decisions about the

What does the term “free on board” mean? Why is this an important term to understand if you are involved in making decisions about the purchasing of inventory or the setting of prices for your products?

Step by Step Solution

3.60 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Free on board or fob terms describe where the title ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

292-B-A-M-B (1807).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!