Question: 6) part b- UPS appears to have (expanded or reduced) its operations in year 2 from (sales or purchases) of fixed assets. This is typical

6) part b- UPS appears to have (expanded or reduced) its operations in year 2 from (sales or purchases) of fixed assets. This is typical of (slowly or rapidly) growing companies.

ook Value of Fixed Assets The following data (in millions) were adapted from recent annual reports of United Parcel Service, Inc. (UPS). UPS provides delivery and freight services throughout the world. Year 2 Year 1 Vehicles $327,503 Aircraft 423,495 Land Buildings $564,660 536,427 84,699 683,239 728,411 11,293 (717,118) 73,406 513,841 722,765 5.647 (598,540) Equipment Construction in progress Less accumulated depreciation a. Compute the book value of the fixed assets for years 1 and 2 Year 2 book value million million Year 1 book value growing compare of fixed assets. This is typical of its operations in year 2 from b. UPS appears to have expanded reduced

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