• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Help with Question (1 Viewer)

smik11

Member
Joined
Nov 10, 2009
Messages
138
Gender
Female
HSC
2011
Jamestown Ltd balance of non-current assets total was $7.5 million at 1 January 2016 and closing balance was $6.4 million at 31 December 2016. These balances do not have accumulated depreciation deducted. Current period depreciation expense was $975,000. Opening balance of all accumulated depreciation accounts at 1 january 2016 totalled $3 million. At 1 January 2016 there was a sale of buildings for cash of $200,000 and the original cost of the buildings was $840,000.


Calculate the investing cash flows - assuming there were no other non-current assets sold during the period or revalued.



Thankssssssssss
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top