Double-declining balance on january 1, 2021, the excel delivery company purchased a delivery van for $51,000. at the end of its five-year service life, it is estimated that the van will be worth $4,800. during the five-year period, the company expects to drive the van 154,000 miles. required: calculate annual depreciation for the five-year life of the van using each of the following methods.

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk