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Harley Davison gives a long-term note in exchange for the purchase of equipment. The amount considered as paid for the equipment is:Multiple ChoiceThe invoice price.The

Harley Davison gives a long-term note in exchange for the purchase of equipment. The amount considered as paid for the equipment is:Multiple ChoiceThe invoice price.The present value of cash outflows discounted at the stated rate.The present value of the note payments discounted at the market rate.The wholesale price.

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