What is the gain or loss from disposal of property

Reference no: EM132675345

Question 1: What is the amount of additions to property, plant and equipment account during fiscal year 2020 (Please note that some PPE is not paid with cash)?

Question 2: They have disposed of some property, plant and equipment during fiscal year 2020. Assume that there has been no impairment over the year. What is the original acquisition cost of the property, plant and equipment disposed of during the fiscal year 2020?

Question 3: What is the accumulated depreciation of the disposed property, plant and equipment in fiscal year 2020?

Question 4: What is the gain/loss from disposal of property, plant and equipment in fiscal year 2020 if the sale price of the disposed assets is $2 (millions)?

Question 5: What is the impact of gain / loss from the asset disposals in question 4 on cash flows from operations?

Attachment:- Equpment.zip

Reference no: EM132675345

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