its NOT D!!! Thanks for misleading me, after studying the material I found the correct answer to be A! I just took the PF keys to success test, trust me
Is that the question or what i need info.XD
When it has a small population
Answer:
Option E: $40,000 - Cash from sale of Machine
Explanation:
Cash flow from Investing activities section of the cash flow statement should include cash received on the sale of property, plant & equipment, cash paid to acquire property, plant & equipment, cash paid for investments in or as loans to other companies and dividends received from any investments.
In case of sale of a Machine, $40,000 received on sale should be reported as source of cash in the cash flows from investing activities section.