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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