Question

During 2019, simon's recording studio spent $,000 on new machines. during the year, depreciation was $,000. what was simon's net investment in 2019? net investment was $:_________

Answer 1

In 2016, Simon's recording studio spent $,25000on on new machines. during the year, depreciation was $,5000. what was Simon's net investment in 2019? the net investment was $20000.

Net investment is the total amount a business spends on fixed assets minus the depreciation of those assets. This figure gives a sense of spending on durable goods such as factories, equipment, and software used to run a business.

In economics, net investment is an expenditure that increases the availability of fixed assets or means of production and inventories. Net investment value is calculated by subtracting depreciation from the total investment over a period of time.

Learn more about net investment here: brainly.com/question/23149718

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