=+3. Henry Company is considering spending $100,000 for a new grinding machine. This amount could be invested

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=+3. Henry Company is considering spending $100,000 for a new grinding machine. This amount could be invested to yield a 12% return. What is the opportunity cost?

A. $112,000 C. $12,000 B. $88,000 D. $100,000

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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