Janko Wellspring Inc. has a pump with a book value of $24,000 and a four-year remaining life. A new, more efficient pump, is available at a cost of $45,000. Janko can also receive $8,000 for trading in the old pump. The new pump will reduce variable costs by $10,000 per year over its four-year life. The costs not relevant to the decision of whether or not to replace the pump are:
A. $8,000.
B. $40,000.
C. $16,000.
D. $24,000.
E. $10,000.
Answer: D
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a. 43,200 units b. 9,900 units c. 26,182 units d. 20,000 units
Justice For All, a political organization, files a claim to challenge a Colorado statute that limits the liberty of all persons tobroadcast "annoying" radio commercials. This claim is most likely based on the right to
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Patricia met Joel F. Tamraz in December 1987. At that time, Joel was in the process of purchasing a condominium in Malibu, California, for $220,000. Although Joel initially took title to the property in his name only, before escrow closed he signed a quitclaim deed in which he granted one-third of his separate property interest in the Malibu condominium to Patricia, with title to be held as
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