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When replacing an old asset with a new one, the original purchase price of the old asset represents a(n) ________ cost?

When replacing an old asset with a new one, the original purchase price of the old asset represents a(n) ________ cost?
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When replacing an old asset with a new one, the original purchase price of the old asset represents a(n) ________ cost?

User CTXz
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1 Answer

6 votes
the old asset represents sunk cost 
User Tobinharris
by
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