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Is a trade-in allowance on old equipment relevant to a decision to retain or replace equipment? Why or why not? O It is relevant since
Is a trade-in allowance on old equipment relevant to a decision to retain or replace equipment? Why or why not? O It is relevant since it differs across the two options. O It is not relevant because it relates to the net book value of the old equipment. It is not relevant since it is a sunk cost. O It is not relevant since it does not differ across the two options
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