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Which of the following is true in a decision to keep or replace existing equipment? Property taxes is relevant. Depreciation on the new equipment is

Which of the following is true in a decision to keep or replace existing equipment?

  1. Property taxes is relevant.

  2. Depreciation on the new equipment is relevant.

  3. The disposal value of the old equipment is relevant.

  4. The book value of the old equipment is relevant

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