Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a corporation uses the indirect method of preparin

A corporation uses the Indirect method of preparing the statement of cash flows. A fixed...

90.2K

Verified Solution

Question

Accounting

image
A corporation uses the Indirect method of preparing the statement of cash flows. A fixed asset has been sold for $26,624, representing a gain of $3,982. The value of this transaction appearing in the operating activities section of the statement of cash flows is a $22,642 b. $30,606 c. $(3.982) d. $26,624

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

ASAP please 1.  In capital budgeting, should the following be ignored, or rather added or subtracted from the...

Statistics
1.2K views

Problem #4 PERT Analysis: Consider the project with the following estimates for activity times and precedence relationships (be...

Biology
1.2K views

During the first lecture we saw a number of optical illusions. What key aspect of sensory...

Basic Math
1.2K views

   Ovservation   Portland   Houston   Jacksonville      1 85 71 64      2 75 75 69      3 82 73...

Basic Math
1.2K views

Simplify sin (t)/1-sin (t) to an expression involving a single trig function with nofractions.If needed,...

Calculus
1.2K views

k e system of equations by graphing 5 10 Question 5 4 1 13 Part...

Calculus
1.2K views

Consider the parabola y 8x x a Find the slope of the tangent line to...

Algebra
1.2K views

The function g x shown in the table below is a linear function Find its...

Accounting
1.2K views

please solve as soon as you can i'll rate the thumps up ...

Accounting
1.2K views

A plant asset acquired on October 1, 2016, at a cost of $400,000 has an...

Accounting
1.2K views

Exercise 20-10 Manufacturing: Production budget LO P1 Blue Wave Co. predicts the following unit sales...

Accounting
1.2K views

Assuming a company has net income for the year, the end of year dollar balance...