Alpha Geek

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Category > Engineering Posted 06 May 2017 My Price 8.00

You purchased a machine four years ago

You purchased a machine four years ago at a cost of $5,000. It has a book value of $1,300. It can be sold now for $2,300, or it could be used for three more years, at the end of which time it would have no salvage value. Assuming it is kept for three more years, what is the amount of economic loss during this ownership?

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Alpha Geek
(8)
Status NEW Posted 06 May 2017 02:05 PM My Price 8.00

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