Which of the following items is not included in the decision to purchase a new capital asset to replace an old one?

Name: Which of the following items is not included in the decision to purchase a new capital asset to replace an old one?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The original purchase price of the old machine is a sunk cost, meaning it is not relevant in the decision-making process. The decision should be based on the current cost and benefits of the new asset, including its price, shipping, and installation costs.

Which of the Following Items Is Not Included in the Decision