ZonexCorporation had an operating cash flow of $600, change in net working capital of $120 and cash flow from assets of $360. In addition, it had deprecation of $120, and a beginning fixed asset
Value of $500. Given this information, calculate the company's ending fixed asset value.
A) $400
B) $500
C) $600
D) $700
E) $800
Correct Answer:
Verified
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