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You paid $140 for a biology textbook at the beginning of the semester. At the end of the semester ...

daniellasousa

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You paid $140 for a biology textbook at the beginning of the semester. At the end of the semester ...

Question 1.

A firm that retains earnings does the equivalent of

▸ lending money to the firm's shareholders.

▸ borrowing money from the firm's shareholders.

▸ decreasing the net worth of the firm's shareholders.

▸ decreasing its own net worth.

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.

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 88 times

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Kaajalp

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5 years ago

More solutions for this book are available here

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daniellasousa Author

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Thanks

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Thanks for your help!!

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Correct

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