Your Company Purchases a New Delivery Van For $\$ 72,000$ for Tax Purposes, the Van Will Be Depreciated Over

question 103

Multiple Choice

Your company purchases a new delivery van for $\$ 72,000$ . For tax purposes, the van will be depreciated over a seven year period. At the end of seven years, the value of the van is expected to be $9000 . The graph relating the depreciated value of the van, y , to the number of years, t , since it was purchased is shown below. What is the y- intercept of the graph, if any?

• A) 53,000
• B) 72,000
• C) \(12,160\)
• D) \(23,800\)
• E)no y- intercept

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Strategic Forces

External and internal factors that influence an organization's strategy, direction, and actions to achieve its goals.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Mission Statement

A formal summary of the aims and values of a company, organization, or individual, providing a clear direction and purpose.

Corporate Philosophy

entails the values, beliefs, and principles that guide a company's operations, shaping its culture and strategic direction.