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Hutch Corporation is at risk of going bankrupt. It is planning to sell the majority of its machinery at a heavily discounted rateand may need

Hutch Corporation is at risk of going bankrupt. It is planning to sell the majority of its machinery at a heavily discounted rateand may need to shut down operations.This information is not presented in the financial statements. The business does not fulfill:

Select one:

a. Historicalcost assumption

b. Economicentity assumption.

c. Going concern assumption

d. Monetary unit assumption

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