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Author Question: Which of the following is true of a capital expenditure? A) It is an outlay made to replace ... (Read 68 times)

Bob-Dole

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on: Jul 10, 2018
Which of the following is true of a capital expenditure?
 
  A) It is an outlay made to replace current assets.
  B) It is an outlay expected to produce benefits within one year.
  C) It is commonly used for current asset expansion.
  D) It is commonly used to expand the level of operations.

Question 2

Nico owns 100 shares of Stock X which has a price of 12 per share and 200 shares of Stock Y which has a price of 3 per share. What is the proportion of Nico's portfolio invested in stock X?
 
  A) 77
  B) 67
  C) 50
  D) 33


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soda0602

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

B


Bob-Dole

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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