Answer:
14.6 years
Explanation:
Applying an early depreciation rate 'r = 18%', the value of an automobile originally valued at $18,000, after 't' years, is given by:
The number of years required for which V(t) = $1,000 is:
It will take 14.6 years for the value of the automobile to decrease to $1,000.
I’m 13 but I know some stuff, you should always have a plan for the future and know what business you want to start. Another big thing is to have a friend that has the same business so you can learn from them. You should be social and have contacts.
Answer: B) credit
Explanation:
In a particular firm or bank, one of the functions of the credit department is that they are in charge of lending out loans, selling products on credit, and also identification and authorization of write-offs of account uncollectible. Account uncollectible are receivables or debts that may most likely not be paid back, due to the condition of the debtor.
Credit department also assess debtors to determine who to lend money to, and also to approve loans and credits.
Navy blue and gold are the official colors of the FBLA. Hope this helps!
Answer:
include both financial and nonfinancial information.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Quantitative factors are based on numerical data or informations.
Quantitative factors include both financial and nonfinancial information.
Basically, quantitative factors can be expressed in monetary terminologies such as interest rate, dividends, retained earnings, depreciation, principal, future value, etc.
