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Home Q & A Board Other Fields Homework Help Business Finance
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borteleto borteleto
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5 years ago
In a replacement decision, the initial outlay is equal to the cost of the new asset less the reduction in depreciation from elimination of the old asset.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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5 years ago
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borteleto Author
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#2
5 years ago
I'm still confused, but thanks for answering correctly
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