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What is the end point of the capital investment cycle? Purchase of a replacement asset. Repayment of the loan used to finance the purchase of

What is the end point of the capital investment cycle?

  1. Purchase of a replacement asset.
  2. Repayment of the loan used to finance the purchase of the asset.
  3. The end of the useful life of the asset or its sale, if there is earlier.
  4. The date at which the cumulative profit earned from assets operation exceeds the cost of the asset.

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