For the year just ended, Winkler Frozen Yogurt showed an increase in its net fixed assets account

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For the year just ended, Winkler Frozen Yogurt showed an increase in its net fixed assets account of $835. The company took $148 in depreciation expense for the year. How much did Winkler spend on new fixed assets? Is this a source or use of cash?

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Fundamentals of Corporate Finance

ISBN: 978-0071051606

8th Canadian Edition

Authors: Stephen A. Ross, Randolph W. Westerfield

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Question Posted: Jun 24, 2019 08:59 AM

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For the year just ended, Winkler Frozen Yogurt showed an increase in its net fixed assets account

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Fundamentals of Corporate Finance

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