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Why is the book value of old equipment irrelevant to the equipment replacement decision?

StormLrd

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Why is the book value of old equipment irrelevant to the equipment replacement decision?

Why is the book value of old equipment irrelevant to the equipment replacement decision?

Textbook

Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition

Edition: 7^th

Authors: Horngren, Datar, Rajan, Beaubien

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