Question
A Hospital reported a net loss of $72,000 for 2017. The statement of operations included the following items, among others: Gain on sale of long-term
A Hospital reported a net loss of $72,000 for 2017. The statement of operations included the following items, among others:
Gain on sale of long-term investments $37560
Depreciation expense $142420
Loss on sale of plant assets $6200
In the hospitals 2017 statement of cash flows, what amount should be reported as net cash inflow from operating activities?
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Principles Of Financial Accounting (Chapters 1-17)
Authors: John Wild
25th Edition
1260780147, 9781260780147
