Answer:
B) $56,130
Explanation:
The cash flow statement shows how the company's operating, investing and financing activities affect the flow of cash by generation or use.
The investing activities section is where the purchase of fixed assets and the amount received for the disposal of these assets are accounted for.
Given that a gain was realized and the book value of the asset was given, the amount received for the disposal
= $5,278 + $50,852
= $56,130
This is the amount that will be reported in the investing activities section of the statement of cash flows as an inflow.
I think it’s B. Triple- click the tab stop
Answer:
B) Investing Activities
Explanation:
Investing activities deal with cash transactions involving movement of items of Property, Plant and Equipment. These transactions include purchase costs and sale proceeds of assets.
Answer:
Fixed
Explanation:
The government keeps the exchange rate FIXED the the same rate.
