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The opportunity cost of investment refers to: A: capital that could have been invested elsewhere in the company s activities instead of being tied up
The opportunity cost of investment refers to:
A: capital that could have been invested elsewhere in the companys activities instead of being tied up by inventory.
B: missing out on discounts by placing smaller orders.
C: the loss incurred if there is a decrease in the price of merchandise held in inventory.
D: the costs incurred by forgoing rental revenue.
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Financial Accounting A Global Perspective
Authors: Robert Libby, Patricia Libby, Daniel G Short
5th Edition
0071107746, 978-0071107747
