Solution-What is the amount to be reported as a source of

What is the amount to be reported as a source of cash

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Question - A vehicle with a cost of $40,000 and accumulated depreciation of $25,000 is sold for $20,000 cash. What is the amount to be reported as a source of cash under cash flows from investing activities?

a. $25,000

b. $40,000

c. $5,000

d. $20,000

Reference no: EM132765584

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What is the amount to be reported as a source of cash

Reference no: EM132765584

Reference no: EM132765584

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