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Question (6) Company D expects to purchase some new equipment this year, and sell some of its older equipment. In the projections they have provided,
Question (6) Company D expects to purchase some new equipment this year, and sell some of its older equipment. In the projections they have provided, you see that net fixed assets at the end of last year was $44,800, depreciation expense for this year is expected to be $5,100, and net fixed assets at the end of this year is expected to be $48,000. What is the net cash flow effect ofthe changes in fixed assets the company expects to make this year? Net outflow of $3,200 Net inflow of $3,200 Net cash outflow of $8,300 Net inflow of $8,300
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