- publisher: Not FEE
- date: 8/1/1949 12:00:00 AM
- originalFile: 499-the-newsboys-bike-is-capital.pdf
- typeOfDocument: -1
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- docReferenceNumber: 499
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The newsboy's hil~e is capital
T
HE NEWSBOY starts a route, on foot. He
can deliver 35 papers, he makes $3.15 a
week, on bad days some customers have to wait.
He spends some money for movies but saves
some to buy a bicycle. Now he can deliver 70
papers, make $6.30 a week, and his customers
get their papers more promptly.
Now he can save more (profit) but he is wise
and so puts some away in a special fund to
replace the bike when it wears out. That's
depreciation res...
- categoryValue: Research Files
- mainDocument: 3403
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499-The Newsboy's Bike Is Capital.pdf