Hertz Global Holdings, Inc. - MIT Sloan School of Management

When an asset is disposed of, any difference between its sale price and net book value is recognized on the income statement as a gain/loss on sale. In the above example, a loss on sale of $2,500 would result ... Exhibit 12 shows Hertz’s program cars purchased as a percentage of total cars purchased for each year between 2006-13 by the U.S ... ................
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