Let's say our Company makes Slinkies and Super Scrub (a floor cleaning product). Super Scrub isn't doing

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Let's say our Company makes Slinkies and Super Scrub (a floor cleaning product).

Super Scrub isn't doing so good so we sell that entire division to another company.

We record a gain from the sale on our books during the current year in the amount of $20 million.

We also received $100 million cash for the sale of the business segment.

How would the information above be shown on the Cash Flow Statement?

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International Business Law And Its Environment

ISBN: 9781305972599

10th Edition

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge

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Question Posted: May 23, 2013 05:30 AM

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Let's say our Company makes Slinkies and Super Scrub (a floor cleaning product). Super Scrub isn't doing

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International Business Law And Its Environment

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