Jim Cramer’s Real Money Sane Investing in an Insane World
164. Alegre Retail Corporation’s most recent comparative Balance Sheet is as follows: Alegre’s net income was $34,000. No direct exchange transactions occurred at Alegre during the year. No equipment was purchased. There was a gain of $3,000 when equipment was sold. The accumulated depreciation on the equipment sold was $12,000. ................
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