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Randi is considering adopting a vegetarian diet.She has two friends who are vegetarians:Serdar,who has followed a vegan diet for 10 years,and Rafael,who follows a lacto-ovo vegetarian diet.Randi knows she has a lot to learn before becoming a vegetarian.
She has decided to have Serdar and Rafael over for dinner to talk more about their diets and gather tips.For dinner she makes a vegetarian stir fry that consists of fresh vegetables,tofu,and spices; a noodle casserole with egg noodles,chicken broth,and cheese; and strawberry short cake with homemade ice cream for dessert.She is excited to share the meal with her friends while she learns more about their dietary lifestyles
-Serdar and Rafael are impressed with Randi's cooking skills but have to pass on several foods.Which food items will Serdar pass on?
Book Value
The net value of a company's assets as found on its balance sheet, and is calculated by subtracting liabilities from the value of assets.
Depreciable Asset
An asset that diminishes in value over time due to use, wear and tear, or obsolescence, which can be deducted over its useful life.
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The current price at which an asset or a service can be bought or sold in a marketplace.
General Journal
A primary bookkeeping ledger used by businesses to record all transactions in chronological order.
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