Suppose the Cost of a Business Property Is $480,000, and a Company

question 160

Multiple Choice

Suppose the cost of a business property is $480,000, and a company wants to use a straight-line depreciation schedule for a period of 240 months. If y is the value of this property after x months, then the company's depreciation schedule will be the equation of a line through (0,480000) and (240,0) . Write the equation of this depreciation schedule. ​

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Definitions:

Business Problem

a challenge or issue faced by a company that demands resolution for operational or strategic success.

Easy Answer

A solution or explanation that is readily available and does not require much thought or effort to understand or implement.

Two Main Theories

A general statement referring to the most prominent or widely accepted theories within any given field of study.

Profit-generating Product

A product that significantly contributes to a company's revenues exceeding its costs, thereby creating a profit.