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

A) relevant
B) differential
C) opportunity
D) sunk


D) sunk

Business

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Collateral is a(n) ________ that a borrower promises to give to the bank if that borrower is unable to repay the bank’s loan.

A. document B. liability C. asset D. interest payment

Business

A ________ is anyone affected, for better or for worse, by the decisions made within a particular firm.

Fill in the blank(s) with the appropriate word(s).

Business

Discuss the factors driving an increased focus on sustainability

What will be an ideal response?

Business

What are some ethical issues with interventions? Provide examples of each.

What will be an ideal response?

Business