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If a gain of $225,000 is realized in the cash sale of a building having a book value of $900,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is O a $1,125,000. O b. $225,000. O c. $675,000. Od. $900,000.

If a gain of $225,000 is realized in the cash sale of a building having a book value of $900,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is O a $1,125,000. O b. $225,000. O c. $675,000. Od. $900,000.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If a gain of $225,000 is realized in the cash sale of a building having a book value of $900,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is O a $1,125,000. Ob. $225,000. O c. $675,000. Od. $900,000.
Transcribed Image Text:If a gain of $225,000 is realized in the cash sale of a building having a book value of $900,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is O a $1,125,000. Ob. $225,000. O c. $675,000. Od. $900,000.
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