A machine with a cost of $143,000 and accumulated depreciation of $98,000 is sold for $56,500 cash. The amount that should be rer investing activities is: Multiple Cholce Zero. This is a financing activity. $11,500. Zero. This is an operating activity. $56,500. $45,000.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A machine with a cost of $143,000 and accumulated depreciation of $98,000 is sold for $56,500 cash. The amount that should be repote
investing activities Is:
Multiple Cholce
Zero. This is a financing activity.
$11,500.
Zero. This is an operating activity.
$56,500.
$45,000.
Transcribed Image Text:A machine with a cost of $143,000 and accumulated depreciation of $98,000 is sold for $56,500 cash. The amount that should be repote investing activities Is: Multiple Cholce Zero. This is a financing activity. $11,500. Zero. This is an operating activity. $56,500. $45,000.
$98.00 0 Is sold for $56.500 cash, The amount that should be reported as n source of cash under cash flows from
Transcribed Image Text:$98.00 0 Is sold for $56.500 cash, The amount that should be reported as n source of cash under cash flows from
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