Book value of an existing asset that we are contemplating replacing is nothing but a bookkeepers figure

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“Book value of an existing asset that we are contemplating replacing is nothing but a bookkeeper’s figure and, as such, is irrelevant in capital-expenditure analysis.” Do you agree? Why or why not?

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 05:10 AM

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Book value of an existing asset that we are contemplating replacing is nothing but a bookkeepers figure

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Cost management a strategic approach

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