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Author Question: The salvage value of an asset is what the asset is worth at the time it is taken out of service. ... (Read 113 times)

vinney12

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on: Jun 24, 2018
The salvage value of an asset is what the asset is worth at the time it is taken out of service.
  Indicate whether the statement is true or false

Question 2

Patrick's Paint Supplies purchased 7,600 worth of easels, canvas, and pallets from their supplier to sell in their store. The invoice for the order showed a trade discount of 45.  The Net Price Factor for this order would be 45.
  Indicate whether the statement is true or false


abro1885

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

FALSE


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