Question: Which one of the following is the proper dollar value of defender equipment to use in replacement analysis? (a) Original cost. (b) Present market value

Which one of the following is the proper dollar value of defender equipment to use in replacement analysis?

(a) Original cost.

(b) Present market value

(c) Present trade-in value.

(d) Present book value.

(e) Present replacement cost, if different from original cost.

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