Chartered Financial Analyst Level 1
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An analyst collects the following data (in € thousands) regarding a company's equipment:
- Purchase price of the equipment: 1,000
- Accumulated depreciation: 250
- Gain on sale of the equipment: 400
Ignoring taxes, the proceeds from the sale of the equipment (in € thousands) would be:
An analyst collects the following data (in € thousands) regarding a company's equipment:
- Purchase price of the equipment: 1,000
- Accumulated depreciation: 250
- Gain on sale of the equipment: 400 Ignoring taxes, the proceeds from the sale of the equipment (in € thousands) would be:
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