Calculate the london taxi company gross investment

Reference no: EM133377133

Question: On January 2014 , the London Taxi Company owned 5 cabs valued at £150,000. During 2014 the London Taxi Company bought 4 new cabs for a total of £200,000.£200,000. At the end of 2014 , the market value of all of the cabs was £300,000 Calculate the London Taxi Company's gross investment, depreciation, and net investment.

Reference no: EM133377133

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