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Which of the following statements is TRUE? O A. Long-term fixed assets, such as equipment, are amortized on the income statement over time O B.
Which of the following statements is TRUE? O A. Long-term fixed assets, such as equipment, are amortized on the income statement over time O B. When choosing between mutually exclusive investment opportunities, pick the opportunity with the highest NPV O C. Capital budgeting is the process of analyzing financing options and deciding how to raise funds for the firm OD. The book value of an asset is equal to the purchase cost of the asset less salvage value
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