Baghdad Co. paid BD 300, 000 cash to acquire Basra Co. current assets of basra co included
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Question:
Baghdad Co. paid BD 300, 000 cash to acquire Basra Co. current assets of basra co included cash of BD 50,000 , account recivable BD 20,000 and account payable BD 10,000.
The acquisition price to be included in cash flows statment is:
A. BD (250,000) under investing activities.
B. BD 230,000 under investing activities
C. BD 250,000 under investing activities
D. BD (230,000) under investing activities
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