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The Dorm Company sold a machine. The machine had accumulated depreciation of $56,000 and a salvage value of $6,000. If the machine sold for $18,000
The Dorm Company sold a machine. The machine had accumulated depreciation of $56,000 and a salvage value of $6,000. If the machine sold for $18,000 and a gain of $4,000 is recognized, what is the original cost of the asset? Which of the following would be valid conclusions from an analysis of the cash flow statement tor Telefonica Group presented in Exhibit 3? A. The primary use of cash is financing activities. B. The primary source of cash is operating activities. C. Telefonica classifies interest received as an operating activity
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