Author Question: According to this Application, an economist from the London School of Economics found that over ... (Read 29 times)

Zulu123 · **on:** Jun 29, 2018

According to this Application, an economist from the London School of Economics found that over ________ of all global wealth is held in tax havens where assets are ________.

A) 8 percent; unrecorded B) 4 percent; unrecorded
C) 4 percent; recorded D) 8 percent; recorded

Question 2

At the beginning of the year, AAA-1 Towing owns trucks and buildings for a total value of 1 million. During the year, it invests 250,000 to replace towing trucks worth 230,000 destroyed in a flood and to cover 50,000 worth of depreciation.

AAA-1 Towing's net investment was
A) 20,000. B) 250,000. C) -30,000. D) 200,000. E) 280,000.