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MC Qu. 22 A boat, costing $108,000 and uninsured, was A boat, costing $108,000 and uninsured, was wrecked the very first day it was usea

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MC Qu. 22 A boat, costing $108,000 and uninsured, was A boat, costing $108,000 and uninsured, was wrecked the very first day it was usea new as far as operating characteristics and looks are concerned. A relevant cost an. O A cost equivalence between the two decision options. An $11,000 net advantage associated with the decision to fix the old boat. A $1000 cost advantage associated with the decision to fix the old boat. O A$21000 cost advantage associated with the decision to fix the old boat O A $2.000 cost advantage associated with the decision to purchase a new boa References MC Qu. 22 A boat, costing $108.000 and uninsured, was Multiple Choice

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