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Business, 23.04.2020 15:49 kadinmorgan

A boat, costing $117,000 and uninsured, was wrecked the very first day it was used. This boat can either be disposed for $14,000 cash and be replaced with a similar boat costing $120,000, or rebuilt for $105,000 and be brand new as far as operating characteristics and looks are concerned. A

What is the difference in cost between the two options?

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A boat, costing $117,000 and uninsured, was wrecked the very first day it was used. This boat can ei...
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