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The initial investment for replacement decisions includes all of the following except: a. the cost of the equipment b. the installation costs of the

The initial investment for replacement decisions includes all of the following except: a. the cost of the equipment b. the installation costs of the new equipment c. a subtraction of the sale of the old machine that is being replaced d. all of the above would be included

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Answer Explanation Initial Investment is one of the variables used in capital budgeting which is given as the purchase costs of the new equipment inst... blur-text-image

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