You own a motor car, for which you paid a purchase price of 5,000 much below
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You own a motor car, for which you paid a purchase price of £5,000 – much below the list price – at a recent car auction. You have just been offered £6,000 for this car.
What is the cost to you of keeping the car for your own use? Note: Ignore running costs and so on; just consider the ‘capital’ cost of the car.
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Related Book For
Accounting An Introduction
ISBN: 9780273733201
5th Edition
Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan
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