Problem
Inventory is very important for business since it is a current asset on company's balance sheet. More important, it is a major part of the ongoing business operations. For merchandiser, it includes products they acquire to resell to customers. Remember, business needs inventory to earn revenue. As the instructor, I will facilitate student discussions but I will not address every single post. In most cases, I might share a related idea, intervene when the discussion goes off-track, or tie student comments together to help deepen student learning.
Theme:
1) What is the difference between freight-in and freight-out?
2) What is the other term that people use to call for freight-in or freight-out?
3) How is the freight-in/ freight-out impact on the financial statements such as Balance Sheet and Income Statement?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.