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1. LM Customs reports the Operating cashflows of $400, ending fixed asset value of $300, change in net working capital of $80, depreciation of $80,
1. LM Customs reports the Operating cashflows of $400, ending fixed asset value of $300, change in net working capital of $80, depreciation of $80, cash flow from assets of $190.Based on the given information, compute the beginning value of fixed assets.
3. Metro Inc. bought a fixed asset for $100,000. The asset has a 30% CCA rate. At the end of year 5, the company sold the asset for 25% of its original value. A per the information, calculate the value of the terminal loss or recapture at the end of year 5.(Show detailed steps of calculations)
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