The Yearly Value of Worn Out Machinery Is Called

question 231

Multiple Choice

The yearly value of worn out machinery is called

• A) depreciation.
• B) capital gains.
• C) net investment.
• D) non-durable goods.

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Definitions:

Original Owner's

Pertains to the initial proprietor or founder of a business or asset.

Entrepreneurship

Risk-taking behaviour that results in new opportunities.

Economic Independence

The condition of having sufficient income or wealth to live without having to depend on support from others.

Small Business Failure Rates

The percentage of small businesses that cease operations within a certain period, often used as an indicator of the small business sector's health or economic conditions.