Assume your firm has an unused machine that originally cost $75,000, has a book value of $20,000, and is currently worth $25,000. Ignoring taxes, the correct opportunity cost for this machine in capital budgeting decisions is:
A) $25,000.
B) $5,000.
C) $75,000.
D) $20,000.
Ans: A) $25,000.
Business
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In an organization, data from a new sale is immediately sent to the database and that new data updates the pace of production and the procurement of supplies. This is an example of enterprise resource planning process ________
A) customization B) duplication C) integration D) decentralization
Business
The divisibility characteristic of money is illustrated by a financial company's ability to divide its monetary assets among several investments
Indicate whether the statement is true or false.
Business