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The manager of Rainbow Printers Inc. has purchased a sophisticated printing press for $ 1 million. Which of the following statements is most likely to
The manager of Rainbow Printers Inc. has purchased a sophisticated printing press for $ million. Which of the following statements is most likely to be true about the printing press?
a It will be charged as an expense in the year it is bought.
b It will be bought through retailers.
c It will be purchased by the customers through higher prices.
d It will depreciate over its useful life.
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