Question
ABC company is considering disposing of old equipment costing $200,000 on which $150,000 in depreciation has been taken. The same equipment costs $300,000 to replace.
ABC company is considering disposing of old equipment costing $200,000 on which $150,000 in depreciation has been taken. The same equipment costs $300,000 to replace. What is the sunk cost?
a $150,000
b $300,000
c $200,000
d$50,000
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Mylab Accounting With Pearson -- Access Card -- For Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th Edition
0134161645, 9780134161648
