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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College Accounting Chapters 1-9
Authors: James Heintz
22nd Edition
1305888537, 978-1305666184
