Author Question: The useful life of an asset is estimated by the length of time it is expected to generate ... (Read 114 times)

wenmo · **on:** Jun 24, 2018

The useful life of an asset is estimated by the length of time it is expected to generate ___________________ _.
Fill in the blank(s) with correct word

Question 2

Quick Depot buys tools from a supplier with an invoice amount of 19,700. The terms of the sale are 15/15, n/30. What is the net amount due on the order if the bill is paid by the 15th day?
A) 18,245
B) 19,700
C) 16,745
D) 17,760