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docker41 [41]
3 years ago
11

Hi-Tech Inc. has several outdated computers that cost a total of $17,800 and could be sold as scrap for $4,600.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 up

dated 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.$9,000b.$2,400c.$17,800d.$20,200
Business
1 answer:
Goshia [24]3 years ago
4 0

Answer:

c.$17,800

Explanation:

Sunk cost is a term that refers to money that has been spent and cannot be recovered or recouped.

$17,800 that was used by Hi-tech to purchase computers cannot be recovered. So ,it is the sunk cost.

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