Abc started the year with 3200000 of net fixed assets and, Ask an Expert

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ABC started the year with 3,200,000 of net fixed assets and ended the year with 2,812,000 of net fixed assets.

Depreciation expenses during the year were 427,000. 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).

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92751871

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