Unformatted text preview: 400 Increase in accounts receivable 600 SP3.2. For the year just ended, AWOL Co. shows an increase in its net fixed assets account of $370. The company took $130 in depreciation expense for the year. How much did AWOL spend on new fixed assets? Is this a source or use of cash?...
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- Spring '08
- Generally Accepted Accounting Principles, net fixed assets, $130, $370, $350 175 400 600