Efficiency = input / output If expenses are $60 and revenue is $80 (perhaps net of interest revenue/expense) the efficiency ratio is 0.75 or 75% (60/80) â meaning that $0.75 are spent for every dollar earned in revenue.
As mentioned above a true antique is more than 100 years old, but some stores value furniture older than 50 years as antique and fine antique dealers will label items antique if they are more than 150 years old. The best way to find out is get the exact age of the piece.
According to the CCCA, classic cars were typically expensive to begin with, and produced in limited quantities. An antique vehicle, adds Greer, is generally at least 30 years old, which is the minimum age for historic or vintage plates in many provinces. If it's between 30 and 20 years old â which most clubs recognize those cars, the class they fall into is called late-model production, says Greer. A collector car isn't necessarily old. One of the most glaring examples of a modern-day collector car is the Ford GT, which was 2006 era. Ford made it to pay homage to their '60s GT sporty race cars, and they're very, very collectable, says Jeff Hill, president of Okotoks Collector Car Auction.