Page 1 of 1

The loss in the value of an asset, such as an automobile, that occurs over its period of ownership; calculated as the di

Posted: Tue Mar 08, 2022 3:47 pm
by answerhappygod
The loss in the value of an asset, such as an automobile, that occurs over its period of ownership; calculated as the difference between the price initially paid and the subsequent sale price.

A. Depreciation
B. Franchise dealerships
C. Independent dealership car lots
D. Private individuals