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Celular Components manufactures and sells components to large cell phone manufacturers. The company has 400 obsolete components that are carried in inventory at a total cost of $576,000 these components are upgraded at a total cost of $110,000, they can be sold for a total of $170,000 As an alternative, the components can be sold in their present condition for $40,000 What is the financial advantage disadvantage) to the company from upgrading the components Mutiple Choice O O O $20,000 $00.000 6670.000 40.000

Celular Components manufactures and sells components to large cell phone manufacturers. The company has 400 obsolete components that are carried in inventory at a total cost of $576,000 these components are upgraded at a total cost of $110,000, they can be sold for a total of $170,000 As an alternative, the components can be sold in their present condition for $40,000 What is the financial advantage disadvantage) to the company from upgrading the components Mutiple Choice O O O $20,000 $00.000 6670.000 40.000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Celular Components manufactures and sells components to large cell phone manufacturers. The company has 400 obsolete components that are carried in inventory at a total cost of $576,000 of these components are upgraded at a total cost of $110,000, they can be sold for a total of $170,000 As an alternative, the components can be sold in their present condition for $40,000 What is the financial advantage (disadvantage) to the company from upgrading the components? Multiple Choice $20,000 $00.000 ($570.000) $60.000)
Transcribed Image Text:Celular Components manufactures and sells components to large cell phone manufacturers. The company has 400 obsolete components that are carried in inventory at a total cost of $576,000 of these components are upgraded at a total cost of $110,000, they can be sold for a total of $170,000 As an alternative, the components can be sold in their present condition for $40,000 What is the financial advantage (disadvantage) to the company from upgrading the components? Multiple Choice $20,000 $00.000 ($570.000) $60.000)
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