Should the sale of a fixed asset be classified as part of the ordinary course of business

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Should the sale of a fixed asset be classified as part of the “ordinary course of business” of a company? How is it recorded on the income statement? Why under this heading?

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Corporate Finance Theory And Practice

ISBN: 9780470721926

2nd Edition

Authors: Pierre Vernimmen, Pascal Quiry

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Question Posted: May 29, 2024 09:02 AM

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Should the sale of a fixed asset be classified as part of the "ordinary course of business" of a company? How is it recorded on the income statement? Why under this heading?
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Should the sale of a fixed asset be classified as part of the ordinary course of business

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Corporate Finance Theory And Practice

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