Register

A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of E…

A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of E…
asked 232k views
3 votes
A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What is the operating cash flow in this transaction?

asked
User B Bycroft
by
8.3k points

1 Answer

1 vote

Answer:

The operating cash flow in this transaction is zero

Step-by-step explanation:

Please see attachment.

A company sold PP&E for $200 cash. Prior to the sale, the net book value of the-example-1
answered
User Pawka
by
8.1k points
← Prev Question Next Question →

Related questions

User Eury
asked Oct 25, 2024 108k views
A company raises $1,000 in Equity and uses it to purchase PP&E. What happens?
Eury asked Oct 25, 2024
by Eury
8.4k points
1 answer
1 vote
108k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!