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What is a historical cost?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What is the time value of money?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What is depreciation?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What is scrap value
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What is income?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What is an operating cost?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What are some examples of liabilities?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
What is the appreciation of a car that was worth $5,000 in 2011 and $2,000 in 2012?
$0
the money you have now is worth more than the money you will get in the future
what you pay to keep something working and in good condition
what you paid for an asset
credit card debt
the loss of value of an asset
the money you earn
the value of an asset after it has fully depreciated
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