Crowdly
Add to Chrome
Flora's Flowers bought a new van last year for $10,000 and it can now sell the v...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Flora's Flowers bought a new van last year for $10,000 and it can now sell the van for $8,500. But to buy this year's model of the same van it would have to pay $11,000. What is the one-year amount of economic depreciation?
100%
0%
0%
0%
0%