An analyst gathers the following information (in € thousands) about a company's sale of equipment:
- Selling price: 58
- Historical cost: 50
- Accumulated depreciation: 5
The gain on the sale (in € thousands) is: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
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An analyst gathers the following information (in € thousands) about a company's sale of equipment:
Selling price: 58
Historical cost: 50
Accumulated depreciation: 5
The gain on the sale (in € thousands) is: