How much gross fixed assets did abc buy

Assignment Help Finance Basics

Reference no: EM131931692

Question: ABC started the year with 3,381,000 of net fixed assets and ended the year with 2,854,000 of net fixed assets. Depreciation expenses during the year were 489,000. How much gross fixed assets did ABC buy or sell during the year? (If they sold assets, be sure and put a negative sign in front of the answer).

Reference no: EM131931692

Questions Cloud

Calculate the gross tax levy assessed on october 11, 2014. : Calculate the gross tax levy assessed on October 11, 2014. Prepare the October 11, 2014 entry at Governmental Activities to record the property tax assessment.

What is the net present value of working capital : Aberdeen Outboard Motors is contemplating building a new plant. The company anticipates that the plant will require an initial investment of $ 2.00 million.

How much would it be worth paying for the information : How much would it be worth paying for the information from the test? (Assume that the company's objective is to maximize expected pro?t.)

Intellectual property rights : What are intellectual property rights? How have changes in technology impacted the ability to protect intellectual property rights?

How much gross fixed assets did abc buy : ABC started the year with 3,381,000 of net fixed assets and ended the year with 2,854,000 of net fixed assets. Depreciation expenses during the year.

Why is it possible to write an executive summary only : Why is it possible to write an executive summary only after you have written the main body of your business plan?

What is the character of the gain or loss : The Executor elects the AVD and Adam sells the property a short time later for $9,000. What is Adam's gain or loss? What is the character of the gain or loss?

What is the markup percentage : A shoe store owner pays a manufacturer $54 a pair for a popular brand of athletic shoes. The store offers the shoe to customers for $129 a pair.

Explain the companys budget process in top-down : On October 1, 2016, manager of a company's Southeast region received the annual e-mail. Explain whether the company's budget process in top-down or bottom-up?

User Account

All Pages