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6 Which of the following best describes the composition of depreciable asset in the initial outlay calculation? purchase price of a new asset purchase price
6 Which of the following best describes the composition of depreciable asset in the initial outlay calculation?
- purchase price of a new asset
- purchase price of a new asset, shipping/installation cost, initial investment in working capital, and net proceeds from the sale of the old asset
- purchase price of a new asset, shipping/installation cost, and initial investment in working capital
- purchase price of a new asset and shipping/installation cost
- none of the above
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