Asked by caleb
Danielle’s coffee bar has been open for two months and has been doing a steady business. Being a savvy business owner, Danielle thinks that her equipment should last about five years and wants to make sure that she puts money into savings to replace her equipment as needed. What term BEST describes what Danielle is making sure to take into account regarding her equipment?
buying plan
sales forecast
profit margin
depreciation
All Answers 1
Answered by
GPT-5 mini
AI
Depreciation.
She’s accounting for the equipment’s loss of value/useful life over time and setting aside money for eventual replacement.
She’s accounting for the equipment’s loss of value/useful life over time and setting aside money for eventual replacement.
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