a. Equipment with a book value of $82,500 and an original cost of $163,000 was sold at a loss of $32,000. b. Paid $109,0

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

a. Equipment with a book value of $82,500 and an original cost of $163,000 was sold at a loss of $32,000. b. Paid $109,0

Post by answerhappygod »

A Equipment With A Book Value Of 82 500 And An Original Cost Of 163 000 Was Sold At A Loss Of 32 000 B Paid 109 0 1
A Equipment With A Book Value Of 82 500 And An Original Cost Of 163 000 Was Sold At A Loss Of 32 000 B Paid 109 0 1 (53.7 KiB) Viewed 53 times
a. Equipment with a book value of $82,500 and an original cost of $163,000 was sold at a loss of $32,000. b. Paid $109,000 cash for a new truck. c. Sold land costing $315,000 for $415,000 cash, yielding a gain of $100,000. d. Stock investments were sold for $94,900 cash, yielding a gain of $15,500. Use the above information to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows (partial) Cash flows from investing activities
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply