All of the following are acceptable ways to measure elements of a balance sheet except a. net realizable value. b. future value. c. fair or market value. d. acquisition cost.

The answer is B.

Explanation:

Future value is the amount that an asset will be worth in the near future. The value an asset today will worth tomorrow or next year using a discount rate. No element of balance sheet is measured this way.

Net realizable value is used to measure inventories(current asset)

Fair value is also used to measure assets and liabilities.

Acquisition cost is used for historical cost of a long term asset.

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hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi