The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calculators are upgraded at a total cost of $150,000, they can be sold for a total of $210,000. As an alternative, the calculators can be sold in their present condition for $40,000.
What is the financial advantage (disadvantage) to the company from upgrading the calculators?
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Answer will be financial disadvantage of 1,30,000$ option 1 : sales at present condition = 40,000 Option 2 : improving it... View the full answer