1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
If the price of a sofa is $800 in the u.s. and 2400 pesos in argentina, and the exchange rate is 4 pesos per dollar, what is the
Vesnalui [34]
The real exchange rate ( RER ) is the ratio of the price level abroad and the domestic price level.
RER = ( Nominal Exchange Rate x Foreign Price ) / ( Domestic Price )
The price of sofa is 2,400 pesos in Argentina and the nominal exchange rate is 4 pesos per dollar (  2,400 : 4 = $600 )
RER = 4 x $600 / $800 = 3
Answer: The Real Exchange Rate is 3 pesos per dollar.
4 0
3 years ago
How are delivery drivers able to meet the delivery timelines selected by customers when purchasing products?.
Sliva [168]

Delivery drivers are able to meet the delivery timelines selected by customers when purchasing products by using : A GPS to avoid traffic delays.

<h3>What is product delivery?</h3>

Product delivery refers to the process of moving goods and services from one place to another. This process entails getting the goods produced either to a place where they will be sold or to final consumers.

The use of GPS enable us delivery drivers avoid traffic delays by informing them ahead where there are traffic.

Hence, delivery drivers are able to meet the delivery timelines selected by customers when purchasing products by using a GPS to avoid traffic delays.

Learn more about delivery here : brainly.com/question/24553900

5 0
2 years ago
Preferred stock comes in many varieties. ____ preferred stock includes a requirement that past dividends not paid must be paid i
slega [8]

Preferred stock is a type of  investment security which represent ownership in a corporation and is also a debt instrument of the company.

Explanation:

<u>Preferred stock is a type of  investment security which represent ownership in a corporation and is also a debt instrument of the company</u>.It is basically of 5 types

  1. Cumulative
  2. Participating
  3. Convertible
  4. Callable
  5. Adjustable-rate

Preferred stock comes in many varieties.

<u>Cumulative  preferred stock</u> includes a requirement that past dividends not paid must be paid in future years before any common stock dividends may be paid.

<u> Participatory preferred stock </u>includes the ability to collect dividends with the common stock owners after all preferred dividends have been paid.

<u> </u><u>Convertible preferred stock </u>may be turned in for common stock under certain conditions.

<u> Callable </u>preferred stock, also known as callable preferred stock, comes with the risk that the issuing company may<u> buy back </u> the shares under certain conditions.

3 0
3 years ago
Barry’s Steroids Company has $1,000 par value bonds outstanding at 13 percent interest. The bonds will mature in 30 years. If th
labwork [276]

Answer:

Total Present Value is ($1130.194 + $43.7) =   $1173.894

Explanation:

11 percent yield to maturity

TO CALCULATE: Present Value of Interest Payments

PV_A = A × PVIFA (n = 30, i = 11%)               Appendix D

 where A  =  13% of 1000 = 130

from PVIFA table , for n = 30 and i = 11%, PVIFA value is 8.6938

PV_A = $130 × 8.6938 = $1130.194

TO CALCULATE : Present Value of Principal Payment

PV = FV × PVIF (n = 30, i = 11%)          

from PVIF table , for n = 30 and i = 11%, PVIF value is 0.0437

PV = $1,000 × 0.0437 = $43.7

From above calculation we have following conclusion

Present Value of Interest Payments is  $1130.194

Present Value of Principal Payment is   $43.7

therefore Total Present Value is ($1130.194 + $43.7) =   $1173.894

6 0
3 years ago
Farrar Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for March a
Aneli [31]

Answer:

The answer is "\$ 137,000"

Explanation:

Please find the complete question in the attached file.

Commercial sector contribution margin

=\$137,000

Margin per unit of contribution = sales price – Unit cost variables

Margin of Contributions = Revenue Sales - Fixed expenses

Aerospace industry variable costs

=\$280,000- \$143,000 =\$ 137,000

7 0
3 years ago
Other questions:
  • Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $54,000 and $2,400, r
    6·2 answers
  • Keplem has a business unit in the insurance sector. The insurance sector is a slow-growing industry, and Keplem does not have a
    14·1 answer
  • Jensen Enterprises paid $900 in dividends and $920 in interest this past year. Common stock increased by $1,200 and retained ear
    7·1 answer
  • Spring is here, and Ginny and her uncle would like to go fishing for the weekend in New Hampshire. Ginny could either go to the
    5·1 answer
  • Define job rotation​
    8·2 answers
  • Which is not a feature of the four‑firm concentration ratio? a) It is an indicator of the oligopolistic nature of an industry. b
    12·1 answer
  • Business solutions's second-quarter 2018 fixed budget performance report for its computer furniture operations follows. the $159
    14·1 answer
  • Select the correct answer.
    8·1 answer
  • Estimated inventory (units), May 1 19,800 Desired inventory (units), May 31 19,400 Expected sales volume (units): Area W 6,600 A
    15·1 answer
  • Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for t
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!