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3. Book value of an asset is defined as? a. Cost - Accumulated Depreciation b. Cost - Salvage Value c Cost - Salvage Value -

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3. Book value of an asset is defined as? a. Cost - Accumulated Depreciation b. Cost - Salvage Value c Cost - Salvage Value - Accumulated Depreciated d. Estimated Fair Market Value 21. Which of the following are Operating Cash Flows? 1) Interest received 2) Interest paid 3) Dividends received 4) Dividends paid a. 1) and 2) and 3) and 4) b. 1) and 3) c. 1) and 2) and 3) d. None of the above

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