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The Zonamo Company Produces Waste Disposal Machines to Sell All

Question 1

Multiple Choice

The Zonamo company produces waste disposal machines to sell all over the world.The company started last year with $10 million of capital on hand and invested $15 million in new capital throughout the year.At the end of the year,the company's capital stock was $17 million.Hence,for the year,depreciation equalled ________ and net investment equalled ________.


A) $5 million;$5 million
B) $8 million;$15 million
C) $7 million;$8 million
D) $25 million;$5 million
E) $8 million;$7 million

Correct Answer:

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