Business, 13.02.2020 18:34, studyowl9192

If a gain of $11,000 is realized in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is

a. $11,000
b. $66,000
c. $55,000
d. $44,000

Answers: 3

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If a gain of $11,000 is realized in selling (for cash) office equipment having a book value of $55,0...