Question
Linux Inc. had an operating cash flow of $600, change in net working capital of $120 and cash flow from assets of $360. In addition,
Linux Inc. had an operating cash flow of $600, change in net working capital of $120 and cash flow from assets of $360. In addition, it had deprecation of $120, and a beginning fixed asset value of $500. Given this information, calculate the company's ending fixed asset value. Show calculations in detail
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Beginning fixed asset value 500 Depreciation 120 Net cash flow from asset...
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
