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Author Question: You paid $90 for a psychology textbook at the beginning of the semester. At the end of the semester ... (Read 63 times)

TFauchery

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Question 1

GM decides to build a new plant using retained earnings; all of the following are true 
except


◦ GM's tangible capital will increase as a result.
◦ GM is engaging in saving on behalf of its shareholders.
◦ GM stock appreciates in value.
◦ GM is avoiding experiencing opportunity costs.

Question 2

You paid $90 for a psychology textbook at the beginning of the semester. At the end of the semester you sell the textbook for $75. The textbook has depreciated


◦ $1.00.
◦ $15.00.
◦ $20.00.
◦ an indeterminate amount based on this information.


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Marked as best answer by TFauchery on Apr 19, 2019

Amiracle

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TFauchery

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Reply 2 on: Apr 19, 2019
Excellent


strudel15

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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