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Business, 28.12.2019 03:31 RomoTussion

In a statement of cash flows, if used equipment is sold at a loss, the amount shown as a cash inflow from investing activities equals the carrying amount of the equipment:

a. with no addition or subtraction
b. less the loss
c. (doesn't matter)
d. (doesn't matter)

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Answers: 2

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In a statement of cash flows, if used equipment is sold at a loss, the amount shown as a cash inflow...
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