1
Unit 4 Challenge 1
Libby is considering selling cupcakes from a food truck and began to think about the
equipment she would need to run a food truck.
Determine which of the following would be a long-term asset.
• A.)
Propane for generator
• B.)
Baking ingredients
• C.)
Mixers
• D.)
Hats
Barbara is considering selling pierogies from a food truck and began to think about the
equipment she would need to run a food truck.
Determine which of the following would be a short-term asset.
• A.)
Frying pans
• B.)
,1
Cooling racks
• C.)
Oven
• D.)
,1
Aprons
Joseph is considering selling tacos from a food truck and began to think about the equipment
he would need to run a food truck.
Determine which of the following would be a short-term asset.
• A.)
Refrigerator
• B.)
Stove
• C.)
Workers' t-shirts
• D.)
Food truck
Tommy began a list of the additional equipment he would need to run the food truck for
his company, Tommy's Tacos. He would need a cell phone to make transactions, several
tables and chairs to set out in front of the truck, the Tommy's Tacos trademark to be logo-
wrapped on the truck and a stove to fry the tortillas.
Which of the following assets is NOT depreciable?
• A.)
Stove
• B.)
, 1
Cell phone
• C.)
Store tables and chairs
• D.)
Trademark wrapping
Ann began a list of the additional equipment she would need to run the food truck for her
company, Sweet Tooth. She would need mixers that fit on the truck, baking ingredients that
were stable in the summer heat, a rented parking space downtown on Foodtruck Row, and of
course, the food truck.
Unit 4 Challenge 1
Libby is considering selling cupcakes from a food truck and began to think about the
equipment she would need to run a food truck.
Determine which of the following would be a long-term asset.
• A.)
Propane for generator
• B.)
Baking ingredients
• C.)
Mixers
• D.)
Hats
Barbara is considering selling pierogies from a food truck and began to think about the
equipment she would need to run a food truck.
Determine which of the following would be a short-term asset.
• A.)
Frying pans
• B.)
,1
Cooling racks
• C.)
Oven
• D.)
,1
Aprons
Joseph is considering selling tacos from a food truck and began to think about the equipment
he would need to run a food truck.
Determine which of the following would be a short-term asset.
• A.)
Refrigerator
• B.)
Stove
• C.)
Workers' t-shirts
• D.)
Food truck
Tommy began a list of the additional equipment he would need to run the food truck for
his company, Tommy's Tacos. He would need a cell phone to make transactions, several
tables and chairs to set out in front of the truck, the Tommy's Tacos trademark to be logo-
wrapped on the truck and a stove to fry the tortillas.
Which of the following assets is NOT depreciable?
• A.)
Stove
• B.)
, 1
Cell phone
• C.)
Store tables and chairs
• D.)
Trademark wrapping
Ann began a list of the additional equipment she would need to run the food truck for her
company, Sweet Tooth. She would need mixers that fit on the truck, baking ingredients that
were stable in the summer heat, a rented parking space downtown on Foodtruck Row, and of
course, the food truck.
