If a loss of $108,000 is realized when selling (for cash) a building having a book value of $800,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is a cash inflow of:

a.$108,000.
b. $908,000.
c. $692,000.
d. $800,000.

Question

05-06-2024
Business

Answered

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If a loss of $108,000 is realized when selling (for cash) a building having a book value of $800,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is a cash inflow of:

a.$108,000.
b. $908,000.
c. $692,000.
d. $800,000.

Sagot :

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If a loss of $108,000 is realized when selling (for cash) a building having a book value of $800,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is a cash inflow of: a.$108,000. b. $908,000. c. $692,000. d. $800,000.

Sagot :

Other Questions

If a loss of $108,000 is realized when selling (for cash) a building having a book value of $800,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is a cash inflow of:

a.$108,000.
b. $908,000.
c. $692,000.
d. $800,000.