Calculate ending fixed assets given the following information: cash flow from assets ($7,240) ; EBIT = $1,000; depreciation = $100; taxes = $240; change in net working capital = ($2,000) ; beginning
fixed assets = $30,000
A) $40,000
B) $35,000
C) $30,000
D) $25,000
E) $20,000
Correct Answer:
Verified
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