The new proposed project needs to use an expensive medical equipment that is already owned by the company. The purchase price of this equipment is $656,000 . The company also spent $129,000 to update its operating software. The equipment recieved a recent market bid from an interested buyer of $723,000. The current book value of $513,000. If the company decides to use this equipment for the new project , what value should we use for this equipment to be included in the initial cash flow of the project

simpleton is the answer, this is simpleton work

answer; buying the bill at a discount from the face value to be received at maturity;

answera public company has access to more capital;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.