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Business, 08.04.2020 01:25 Swayk8505

Company owns a 6-year old gear hobber that has a book value of $60,000. The present market value of the hobber is $80,000. A new gear hobber can be purchased for $450,000. Using an outsider’s point of view, what is the net fi rst cost of purchasing the new gear hobber?

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Company owns a 6-year old gear hobber that has a book value of $60,000. The present market value of...
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