Question: A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,339 representing a gain of
A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,339 representing a gain of $3,258. The value in the operating activities section regarding this event would be
a.$21,339
b.$24,597
c.$18,081
d.$3,258
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
