Consistency means that method which is used, it cannot be changed in all cases.

Select one: True False

an equipment has a cost of $150,000. the replacement cost is $200,000. the equipment has 8 years useful life and no salvage value and the firm used straight line depreciation. the unrealized profit should recognized when use current cost accounting is:

a. $43,750

b. $50,000

c. $25,000

d. $6,250