If a gain of RO 20,.000 is made in relation to selling (for cash) office equipment having a book value of RO Bo.000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is Select one O a RO 60,00o. O b RO20,0o0. c RO 100,000. O d RO 80.0o00.
If a gain of RO 20,.000 is made in relation to selling (for cash) office equipment having a book value of RO Bo.000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is Select one O a RO 60,00o. O b RO20,0o0. c RO 100,000. O d RO 80.0o00.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![If a gain of RO 20,.000 is made in relation to selling (for cash) office equipment having a book value of RO Bo.000, the
total amount reported in the cash flows from investing activities section of the statement of cash flows is
Select one
O a RO 60,00o.
O b RO20,0o0.
c RO 100,000.
O d RO 80.0o00.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5471828-04ae-4333-9ea4-94c9f2e0973a%2F6db656cd-1dc3-4782-95f9-d5da756ea816%2Fd4uja1f.jpeg&w=3840&q=75)
Transcribed Image Text:If a gain of RO 20,.000 is made in relation to selling (for cash) office equipment having a book value of RO Bo.000, the
total amount reported in the cash flows from investing activities section of the statement of cash flows is
Select one
O a RO 60,00o.
O b RO20,0o0.
c RO 100,000.
O d RO 80.0o00.
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