On January 1, Rick's Photo owned $50,000 of equipment.During the year, the value of the equipment fell by $10,000, plus Rick bought $25,000 in new equipment. Rick's company experienced
A) $10,000 of depreciation.
B) $40,000 of depreciation.
C) an increase of new capital by $10,000.
D) an increase of net investment of $35,000.
E) a change in total financial capital of $15,000.
Correct Answer:
Verified
Q1: _ decreases a firm's capital stock and
Q3: During the year, suppose a country's total
Q4: The total amount spent on new capital
Q5: Financial capital
A) is accumulated investment.
B) is another
Q6: An example of financial capital is
A) machines.
B)
Q7: Which of the following statements is correct?
A)
Q8: Which of the following is correct?
A) Gross
Q9: The total amount spent to buy new
Q10: Economists use the word "capital" to mean
A)
Q11: Financial capital is used to help finance
A)
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