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At the Beginning of the Year, Tom's Tubes Has Capital

Question 45

Multiple Choice

At the beginning of the year, Tom's Tubes has capital of 5 tube- inflating machines.During the year, Tom scraps 2 old machines and purchases 3 new machines.Tom's gross investment for the year is


A) 1 machine.
B) 3 machines.
C) 2 machines.
D) 8 machines.
E) 6 machines.

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