Author Question: The salvage value of an asset is what the asset is worth at the time it is taken out of service. ... (Read 99 times)

vinney12

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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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Answer to Question 1

TRUE

Answer to Question 2

FALSE



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