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Question 9 On the statement of cash flows, a loss on the sale of plant assets is shown as: O a deduction from net income
Question 9 On the statement of cash flows, a loss on the sale of plant assets is shown as: O a deduction from net income in the cash flows from operating activities section an addition to net income in the cash flows from operating activities section O a cash inflow in the cash flows from financing activities section O a cash outflow in the cash flows from financing activities section Question 10 On the statement of cash flows, the purchase of plant assets for cash is shown as: a cash inflow in the cash flows from financing activities section O a cash outflow in the cash flows from financing activities section a cash inflow in the cash flows from investing activities section O a cash outflow in the cash flows from investing activities
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