Smith Auto Dealership had beginning net fixed assets of $216,525 and ending net fixed assets of $208,650.

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Smith Auto Dealership had beginning net fixed assets of $216,525 and ending net fixed assets of $208,650. During the year, assets with a combined book value of $7,844 were sold. Depreciation for the year was $41,320. What is the net cash flow from the purchase or sale of assets?

Posted Date: May 20, 2024 02:07 AM

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Smith Auto Dealership had beginning net fixed assets of $216,525 and ending net fixed assets of $208,650.

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