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3 years ago

12

A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $24

0. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What is the operating cash flow in this transaction?

1 answer:

madam [21]3 years ago

6 0

Answer:

The operating cash flow in this transaction is zero

Explanation:

Please see attachment.

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