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telo118 [61]
3 years ago
9

burger king, the resaurant chain, sold a store location to mcdonalds. How can burger king determine the sale price of the sotre

by a professional appraisal, burger king origianal cost or the amount actually recieved from the sale?
Business
1 answer:
Zina [86]3 years ago
6 0

Complete question:

Identify the account concept,assumption, or principal that best applies to each of the following situations:

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

Answer:

Historical cost principle

Explanation:

The initial nominal financial value of the commodity is the average expense of a commercial object. The cost estimate is traditionally focused on recording assets at their nominal expense, which are not adjusted to adjust the costs of the products.

The original nominal financial value of the commodity is the average expense of a commercial object. The cost estimate is traditionally focused on recording assets at their nominal expense, which are not adjusted to adjust the costs of the products.

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c. Airprint

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4 years ago
The following events apply to The Ice Cream Parlor for the 2014 fiscal year:
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Answer:

See explanation section

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4 years ago
According to the quote by alice rivlin, if you have a rudimentary working knowledge of economic concepts, you will be?
krok68 [10]

According to the quote by Alice Rivlin, if you have a rudimentary working knowledge of economic concepts, you will be, Division of labor is a characteristic.

Division of labour, is the separation of a work manner into some of the duties, with each mission accomplished with the aid of a separate character or institution of humans. Its miles are most often carried out to systems of mass production and is one of the fundamental organizing standards of the assembly line.

A totally basic instance of a division of labor can be seen in food gathering. In early societies, guys would be the hunters, and girls and kids might put together the food and acquire berries. The concept changed in that it became a very simple department of labor to enable the quality use of different skill units.

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4 0
1 year ago
During the meeting Malcolm constantly reminds the rest of the team that he is in charge of this project, and it must be carried
KengaRu [80]

Answer:

The correct answer is b) Coercive

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3 years ago
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Sphinxa [80]

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Secondly they can be via online channels like website in the case of Lucy where the clients she can reach are not in one location.

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