Standard Corporation sold fully depreciated equipment for Rs.5,000. This transaction will be reported on the cash flow statement as a(n):
(A) Operating activity
(B) Investing activity
(C) Financing activity
(D) None of the given options
Standard Corporation sold fully depreciated equipment for Rs.5,000. This transaction will be reported on the cash flow statement as a(n):
| Share this... |
 Facebook
|
 Twitter
|
 Linkedin
|
 Whatsapp
|
Related Mcqs
- Previous:If a firm uses cash to purchase inventory, its quick ratio will?
- Next:Which of the following ratios are particularly interesting to short term creditors?
Leave a Reply
Your email address will not be published. Required fields are marked *
