If the annual deposit into depletion reserve is $ 1000 and annual interest on capital investment is $ 125, then find annual net income----- Select one: a. $ 1125 b. $ 875 c. $ 1025 d. $ 975

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
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If the annual deposit into depletion reserve
is $ 1000 and annual interest on capital
investment is $ 125, then find annual net
income- --
Select one:
O a. $ 1125
b. $ 875
c. $ 1025
d. $ 975
Transcribed Image Text:If the annual deposit into depletion reserve is $ 1000 and annual interest on capital investment is $ 125, then find annual net income- -- Select one: O a. $ 1125 b. $ 875 c. $ 1025 d. $ 975
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