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AleksAgata [21]
3 years ago
13

Identify the accounting​ concept, assumption, or principle that best applies to each of the following​ situations: a. Inflation

has been abound​ 2.5% for some time. VillageVillage Realtors is considering measuring its land values in​ inflation-adjusted amounts. b. You get an especially good buy on a laptoplaptop​, paying only $ 300$300 when it normally costs $ 800$800. What is your accounting value for this laptoplaptop​? c. Burger KingBurger King​, the restaurant​ chain, sold a store location to McDonaldMcDonald​'s. How can Burger KingBurger King determine the sale price of the storelong dash—by a professional​ appraisal, Burger KingBurger King​'s original​ cost, or the amount actually received from the​ sale? d. General MotorsGeneral Motors wants to determine which division of the companylong dash—ChevroletChevrolet or CadillacCadillaclong dash—is more profitable.
Business
1 answer:
lianna [129]3 years ago
6 0

Answer:

The list is follows:

a. Inflation has been abound​ 2.5% for some time. Village Realtors is considering measuring its land values in​ inflation-adjusted amounts - Stable-monetary-unit assumption

b. You get an especially good buy on a laptop​, paying only $ 300$300 when it normally costs $ 800. What is your accounting value for this laptop? - Historical cost principle

c. Burger King​, the restaurant​ chain, sold a store location to McDonald. How can Burger King determine the sale price of the store long dash—by a professional​ appraisal, Burger King​'s original​ cost, or the amount actually received from the​ sale? - Historical cost principle

d. General Motors wants to determine which division of the company long dash—Chevrolet or Cadillac long dash—is more profitable - Entity assumption

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Manziel Corporation constructed a building at a cost of $10,000,000. Average accumulated expenditures were $4,000,000, actual in
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Answer:

$237,500

Explanation:

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True

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suppose the returns on long term corporate bonds and T-bills are normally distributed. Based on the values below answer the foll
postnew [5]

Answer:

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P( x > 10% ) = 1 - P(x<10%) = 1 - NORM-DIST (10,6.2,8.3,TRUE ) = 0.3235

= 32.35%

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