Multiple Choice
Use the following information for questions
Hi-Tech Inc. has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600. They could be updated for an additional $2,400 and sold. If Hi-Tech updates the computers and sells them, net income will increase by $9,000.
-What amount would be considered sunk costs?
A) $2,400
B) $9,000
C) $17,800
D) $20,200
Correct Answer:
Verified
Correct Answer:
Verified
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