In January 2014, Tim's Gyms, Inc

question 1

Multiple Choice

In January 2014, Tim's Gyms, Inc. owned machines valued at $1 million. During the year, the market value of the machines fell by 30 percent. During 2011, Tim spent $200,000 on new machines. During 2014, Tim's gross investment was

• A)$1 million.
• B)$300,000.
• C)$200,000
• D)$900,000.
• E)$100,000.

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Definitions:

Enumeration

The process of listing or detailing items in a systematic and orderly manner.

Business Presentation

A formal display of business-related information, often using visual aids, to communicate ideas, plans, or reports to an audience.

Attire

Clothing worn for specific occasions, often referring to clothes that are appropriate for work or formal events.

Special Effects

Techniques or technologies used in movies, videos, and other visual media to create realistic illusions or fantastical imagery.