QUESTION
50. Six years ago, Global Exporters paid cash for a new packaging machine that cost $287,000. Three years ago, the firm
Category: Business
Subject: Finance
Due Date: 02/02/2016
Question Asked: 2016-02-02 13:27:39
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50. Six years ago, Global
Exporters paid cash for a new packaging machine that cost $287,000. Three years
ago, the firm spent $2,900 on repairs and modifications to the machine. The
machine is now fully depreciated and has just sat idly in a back corner of the
shop for the past 7 months. The estimated value of the machine today is
$124,500. The firm is considering using this machine in a new project. If it
does so, what value should be assigned to this machine and included in the
initial costs of the new project?
A. $0
B. $2,900
C. $124,500
D. $127,400
E. $143,500
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50. Six years ago, Global Exporters paid cash for a new packaging machine that cost $287,000. Three years ago, the firm
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Posted on 2016-02-02 13:27:39
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...imated value of the machine today is $124,500. The firm is considering using this machine in a new project. If it do...
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