Indicate each of the given actions is related to acquisition

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Reference no: EM13914246

Business application- Indicate whether each of the following actions is primarily related to (a) acquisition of long-term assets, (b) evaluating the financing of long- term assets, or (c) applying accrual accounting to long-term assets:

1. Deciding whether to rent or buy a piece of equipment.

2. Allocating costs on a group purchase.

3. Deciding to use the production method of depreciation.

4. Determining the total units a machine will produce.

5. Deciding to borrow funds to purchase equipment.

6. Estimating the savings a new machine will produce and comparing that amount to cost.

7. Examining the trend of free cash flow over several years.

Reference no: EM13914246

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