Question
The Banana Republic's stock of capital at the end of 2017 was $80 billions. The Republic's investment during the year 2018 was $21 billions. The
The Banana Republic's stock of capital at the end of 2017 was $80 billions. The Republic's investment during the year 2018 was $21 billions. The depreciation rate in the Republic was 10%.
1.Depreciation of the capital during the year 2018 was _______
a.$21.0 billions
b.$10.9 billions
c.$8.0 billions
d.$13.0 billions
2. The net investment during the 2018 in the Republic was _______
a.$13.0 billions
b.$21.0 billions
c.$8.0 billions
d.$10.9 billions
3. The stock of capital at the end of 2018 was _________
a.$72.0 billions
b.$93.0 billions
c.$13.0 billions
d.$101.0 billions
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