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Companies dispose of assets in three ways: 1. They complete their services, 2. They are replaced by other assets, 3. They are sold. The sale
Companies dispose of assets in three ways: 1. They complete their services, 2. They are replaced by other assets, 3. They are sold. The sale of an asset results in a calculated size, capital gain or loss on sale. In the case of capital gains, the sales price is higher than? Select one alternative: a-Book value b-Residual value c-Accumulated depreciation of the asset d- Fair value of the property
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