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What is the amount shown as a cash inflow

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Reference no: EM132485986

Question 1: In a statement of cash flows, if used equipment is sold at a gain, the amount shown as a cash inflow from investing activities equals the carrying amount of the equipment

A. Less the loss and plus the amount of tax

B. Less both the loss and the amount of tax

C. Less the loss

D. With no addition

Reference no: EM132485986

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