Question
The Manassas Company has 55 obsolete keyboards that are carried in inventory at a cost of $9,600. If these keyboards upgraded at a cost of
The Manassas Company has 55 obsolete keyboards that are carried in inventory at a cost of $9,600. If these keyboards upgraded at a cost of $6, 800, they could be sold for $19, 000. Alternatively, the keyboards could be sold 'as is' for $8,300. What is the net advantage or disadvantage of re-working the keyboards?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
