Multiple Choice
In year 1, Trailblazer Bicycle Company produced a mountain bike that was delivered to a retail outlet in November of that same year. The bicycle was sold to E.Z. Ryder in March of the next year, year 2.
This bicycle is counted as
A) consumption in year 1 and as negative investment in year 2.
B) negative investment in year 1 and as consumption in year 2.
C) negative investment in year 1 and as investment in year 2.
D) investment in year 1 and as negative investment in year 2.
Correct Answer:
Verified
Correct Answer:
Verified
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