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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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Answer:

$90

Explanation:

The computation of the nominal GDP for the year 4 is shown below:

= Quantity at year 4 × price of year 4

= 18 × $5

= $90

For determining the Nominal GDP for the year 4 we simply multiply the quantity at year 4 with the price of year 4

Hence, the last option is correct

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2 years ago
Tony works in purchasing for the Epic Electronics on the East Coast. He arrives at work at 6:00 a.m. and leaves by 3:00 p.m. He
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A. the company is required to hire twice as many people and spend additional funds training these individuals.

B. there is a one-hour window of opportunity to talk with employees on the West Coast, who work 8:00 a.m. to 5:00 p.m.

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There is a one-hour window of opportunity to talk with employees on the West Coast, who work 8:00 a.m. to 5:00 p.m.

Answer: Option B.

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Flex time is the time that the company or the organisation offers to some of the employees of the organisation which is not the same as the regular working time of the other organisations. These employees who work for flex time sometimes pose to be a problem for the company.

Because of the organisation flex time that has been offered by the organisation to Tony, this will pose a disadvantage and a problem to the company. Tony will not be able to talk in the one hour window talking like the other employees of the company.

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The correct answer is A) Paralegals. Hope this helps.
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Why might buying a home during a recession be a good decision for some consumers? Check all that apply. a. Housing prices are do
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Answer:

<em>a. Housing prices are down. </em>

<em>c. Less demand means more options for buyers.</em>

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3 years ago
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All the bodily environments on the planet are known as the surroundings. The environment includes the entirety living and everything nonliving. The nonliving part of the surroundings has three essential parts: the surroundings, the hydrosphere, and the lithosphere.

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