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.
Learn more about what they want to do before they do it
The major antitrust acts of the United States include:
- Sherman Act of 1890
- Clayton Act of 1914:
- Federal Trade Commission Act of 1914
Antitrust law refers to the collection of governmental laws that help in the regulation of businesses in order to prevent monopoly and improve competition.
The major antitrust acts include:
- Sherman Act of 1890: Every form of contract or conspiracy regarding trade restraint was outlawed.
- Clayton Act of 1914: It was passed by Congress in 1914. Unethical business practices were outlawed. Monopolies and price-fixing were banned.
- Federal Trade Commission Act of 1914: It was put into law by President Wilson in order to prevent the unfair method of competition and illegal acts that disrupts commerce.
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Answer:
Letter B is correct.<u> Reduced company risk by deciding where when how and whom a product service or brand will be marketed.</u>
Explanation:
Marketing segmentation can be defined as a marketing strategy to identify groups of people with preferences and similarities in the response and choice of products or services.
Therefore, by segmenting the market, Vick reduced the company's risk, as it was able to identify its types of potential customers and the similarities between them, in order to develop a more specific marketing plan that understands and meets their needs and desires. With market segmentation, it is possible for a company to adjust its product and distribution channel, develop more efficient campaigns, increase market share, meet its consumer and satisfy its needs.
Answer:
NOT might lose customers because of a lack of innovation
NOT might not be able to attract essential new investors
Explanation:
Since in the question it is mentioned that Samantha who has a bakery is sucessfully run for a year and it is popular also. At the same time she planned for using her profits in order to cover up the similar cost that had done in the last year
So based on this, the risk she has taking is that she not want to lose his customers as there is an innovation lacking also she is not capable to attract the new investors
Therefore the same is to be considered