Business
Business, 13.08.2021 01:00, candy7693

The new proposed project needs to use an expensive medical equipment that is already owned by the company. The purchase price of this equipment is $656,000 . The company also spent $129,000 to update its operating software. The equipment recieved a recent market bid from an interested buyer of $723,000. The current book value of $513,000. If the company decides to use this equipment for the new project , what value should we use for this equipment to be included in the initial cash flow of the project

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