Author Question: You paid $140 for a biology textbook at the beginning of the semester. At the end of the semester ... (Read 53 times)

saliriagwu · **on:** Apr 19, 2019

Question 1

If Boeing decides to build a new plant using retained earnings

◦ it does so only with the shareholders' explicit consent.
◦ the total value of Boeing goes up.
◦ the value of shares of Boeing held by stockholders goes up.
◦ All of these are correct.

Question 2

You paid $140 for a biology textbook at the beginning of the semester. At the end of the semester you sell the textbook for $85. The textbook has depreciated

◦ $140.00.
◦ $85.00.
◦ $55.00.
◦ an indeterminate amount based on this information.

todom5090 · **Reply #1 on:** Apr 19, 2019

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