Question 4 AL Noor Company is trying to determine whether to repair an old delivery truck, or replace it with a new one The old delivery truck as purchased for $60,000, and has a current accumulated depreciation of 45,000 The current truck has a remaining useful life of five years, but could be sold now for $2,000 The new truck would have a purchase price of $72,000, and would have a useful life of 5 years, with no salvage value The purchase of the new truck would decrease variable manufacturing costs from $30,000 per year to $25,000 per year Required a) Determine is management should keep the old truck or buy the new one

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Question  4 AL Noor Company is trying to determine whether to repair an old delivery truck, or replace it with a new one  The old delivery truck as purchased for $60,000, and has a current accumulated depreciation of 45,000   The current truck has a remaining useful life of five years, but could be sold now for $2,000  The new truck would have a purchase price of $72,000, and would have a useful life of 5 years, with no salvage value  The purchase of the new truck would decrease variable manufacturing costs from $30,000 per year to $25,000 per year  Required  a) Determine is management should keep the old truck or buy the new one

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Question :4 AL-Noor Company is trying to determine whether to repair an old delivery truck, or replace it with a new one. The old delivery

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