Acompany is looking to purchase and replace a fixed asset for $235,000. it will sell the asset that will be replaced for $47,000 but will incur a $15,000 gain upon that sale. it must also commit $30,000 of working-capital to the investment. the firm's tax rate is 35%. what is the amount of the relevant initial investment?

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.