Question
If there is a gain of $30,000 in selling (for cash) long-term investments that have a book value of $180,000, the total amount reported in
If there is a gain of $30,000 in selling (for cash) long-term investments that have a book value of $180,000, the total amount reported in the cash flows from the investing activities section of the statement of cash flows would be:
a. $180,000.
b. $210,000.
c. $30,000.
d. $150,000.
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Management Accounting For Business Decisions
Authors: Colin Drury
2nd Edition
1861527705, 978-1861527707
