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QUESTION 18 Your manufacturing business sold equipment with a book value of $68,900 for $74,200. What was the effect on net cash flows? O

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QUESTION 18 Your manufacturing business sold equipment with a book value of $68,900 for $74,200. What was the effect on net cash flows? O Cash Flow From Investing Activities of +$74,200 O Net Cash Flow From Operating Activities of +$74,200 O Cash Flow From Investing Activities of +$68,900. There is also a Gain on Sale, but it has no cash consequences. O Net Cash Flow From Financing Activities +$68,900 QUESTION 19 In Common Sized financial statements, all items are expressed as percentages rather than dollar amounts. O True O False

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