Self-described "sports nut" gary baker signed up for a three-year club-seat "package" that entitled him and a companion to tickets for 41 boston bruin hockey games and 41 boston celtic basketball games at the new boston garden corporation’s fleet center for approximately $18,000 per year. after one year, baker stopped paying for the tickets thinking that he would simply lose his $5,000 security deposit. new boston sued baker for breach of contract, seeking the balance due on the tickets of $34,866. at trial, baker argued to the jury that although he had breached his contract, new boston had an obligation to mitigate damages, for example, by treating his empty seats and those of others in the same situation as "rush seats" shortly before game time and selling them at a discount. new boston argued that just as a used luxury car cannot be returned for a refund, a season ticket cannot be canceled without consequences. decide.

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

When you hire an independent contractor you don't have to pay the contractors what

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)