A Corporation Sold a Fixed Asset for $100000 This Is
Plenny Corporation sold equipment to its 90-owned subsidiary Sourdough Corp on January 1 2014. Other Current Assets 0 Fixed Assets net book value 100000 Other Assets 0 Total Tangible Assets Included in Value 150000 Current Liabilities 0 Long Term Liabilities 0 Total. 43 A Corporation Sold A Fixed Asset For 100000 This Is A An Investment Cash Flow Course Hero An operating cash flow and a use of funds. . July 1 2016 Essays. An operating cash flow and a source of funds. Suppose you sell a fixed asset for 100000 when its book value is. 33 A corporation sold a fixed asset for 100000. An operating cash flow and a source of funds D. A fixed asset is written off when it is determined that there is no further use for the asset or if the asset is sold off or otherwise disposed of. The depreciation expense per year would be 3200. C 50. D 1000. The project requires an initial investment of 159000 in a...
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