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CC Ltd. purchased an investment property. The expenses regarding the purchase were the following: Invoice price: $10,000 Delivery expense: $300 Maintenance contract for four years:
CC Ltd. purchased an investment property.
The expenses regarding the purchase were the following:
Invoice price: $10,000
Delivery expense: $300
Maintenance contract for four years: $2,200
Import duty: $1,500
How much is the initial cost regarding the investment property ?
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
