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Remal Bidiya Company had the following gain, the original cost of the office equip Additionally, the company purchased an nformation the net cash flow provided C Select one: O a. RO (43,000)

Remal Bidiya Company had the following gain, the original cost of the office equip Additionally, the company purchased an nformation the net cash flow provided C Select one: O a. RO (43,000)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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cory Financial Accounting fall20 Remal Bidiya Company had the following transactions for the year 2017: Sold office equipment with a RO 7,000 gain, the original cost of the office equipment was RO 120,000 with accumutated depreciation of RO 90,000. Additionally, the company purchased another non-current asset with RO 80,000 cash. Based on the above information the net cash flow provided (used) by investing activities was: Select one: O a RO (43,000) Ob. RO (7,000) Oc RO 7,000 O d. RO (57,000)
Transcribed Image Text:cory Financial Accounting fall20 Remal Bidiya Company had the following transactions for the year 2017: Sold office equipment with a RO 7,000 gain, the original cost of the office equipment was RO 120,000 with accumutated depreciation of RO 90,000. Additionally, the company purchased another non-current asset with RO 80,000 cash. Based on the above information the net cash flow provided (used) by investing activities was: Select one: O a RO (43,000) Ob. RO (7,000) Oc RO 7,000 O d. RO (57,000)
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