Annie runs a fitness center. On December 31, 2011, she bought an existing business with exercise equipment
Question:
a. What was Annie's gross investment during 2012?
b. What was Annie's depreciation during 2012?
c. What was Annie's net investment during 2012?
d. What was the value of Annie's capital at the end of 2012?
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a Annies gross investment during 2012 was 200000 because she sold some of her cap...View the full answer
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