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1. What is the Book Value of the assets that Hertz sold during the year? 2. If Hertz had leased the cars under operating leases,

1. What is the Book Value of the assets that Hertz sold during the year?

2. If Hertz had leased the cars under operating leases, in which section would the cash flows be reported?

3. How much cash did Hertz pay out to investors in the form of dividends and/or share repurchases in 2012? (Ignore other financing activities.)

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