The company recently announced plans to sell its operating facility in Katy, Texas, consisting of land (cost
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The company recently announced plans to sell its operating facility in Katy, Texas, consisting of land (cost $82,000) and a building (cost $175,000; book value $110,000). Production equipment has already been removed from the Katy plant and is being used in other company facilities. LO.1
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Financial Reporting And Analysis
ISBN: 9780078110863
5th Edition
Authors: Lawrence Revsine, Daniel Collins
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