b) Identify each of the following acts as representing either saving or investment. (4 m) (i) Eldina wants to open up a
Posted: Wed Jul 06, 2022 6:32 pm
b) Identify each of the following acts as representing eithersaving or investment. (4 m)
(i) Eldina wants to open up a bicycle ship, she hires acontractor to construct a new building for her bicycle shop.
(ii) Gary received cash $100 000 from her generous fatherand she uses some of it to buy stock in a major corporation.
(iii) Kelvin earns $5000 a month and he uses some of his incometo buy government bonds.
(iv) John has started her delivery business early of thisyear and she purchases a new truck for her delivery business usingborrowed funds.
(i) Eldina wants to open up a bicycle ship, she hires acontractor to construct a new building for her bicycle shop.
(ii) Gary received cash $100 000 from her generous fatherand she uses some of it to buy stock in a major corporation.
(iii) Kelvin earns $5000 a month and he uses some of his incometo buy government bonds.
(iv) John has started her delivery business early of thisyear and she purchases a new truck for her delivery business usingborrowed funds.