February 21, 2017

Homework Help: investing

Posted by mb on Monday, May 10, 2010 at 11:14am.

Discount Sales sells some used store fixtures. The acquisition cost of the fixtures is $12,500, the accumulated depreciation on these fixtures is $9,750 at the time of sale. The fixtures are sold for $4,500. The value of this transaction in the Investing section of the statement of cash flows is: $12,500

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