Imagine we bought a building in 2000 for 400,000 that is now worth 1,200,000. If we rented
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Imagine we bought a building in 2000 for £400,000 that is now worth £1,200,000. If we rented a similar building now it might cost us £100,000 a year. What use would you make of the knowledge that the building originally cost £400,000 when deciding whether or not to rent a similar building now, or buy another one for £1,200,000?
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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