Question: Current Attempt in Progress Is a trade - in allowance on old equipment relevant to a decision to retain or replace equipment? Why or why
Current Attempt in Progress
Is a tradein allowance on old equipment relevant to a decision to retain or replace equipment? Why or why not?
It is not relevant because it relates to the net book value of the old equipment.
It is relevant since it differs across the two options.
It is not relevant since it is a sunk cost.
It is not relevant since it does not differ across the two options.
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