Which statement is FALSE when a company calculates the initial investment of a new asset?...

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Finance

Which statement is FALSE when a company calculates the initial investment of a new asset?

a) Proceeds from the sale of the old asset need not be taken into consideration

b) The cost of new asset is the net outflow necessary to acquire a new asset.

c) Changes in net working capital form part of the calculation

d) The installed cost of new asset is the cost of new asset plus its installation costs.

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