Multiple Choice
Topaz Company is considering replacing an old machine that originally cost $95,000.A new machine will cost $900,000, and the old machine can be sold for $25,000.What is the sunk cost in this situation?
A) $25,000
B) $95,000
C) $995,000
D) $120,000
Correct Answer:
Verified
Correct Answer:
Verified
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