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Author Question: Allen Company bought a new copy machine to be depreciated straight line for three years for use by ... (Read 93 times)

Pea0909berry

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on: Jul 9, 2019
Allen Company bought a new copy machine to be depreciated straight line for three years for use by sales personnel.  Where would this purchase be reflected on the Statement of Cash Flows?
◦ It would be an addition to property, plant and equipment, so it would be an investing activity.
◦ It would be an expense on the income statement, so it would be reflected in operating cash flows.
◦ It would be an addition to cash, so would be reflected in the change in cash.
◦ None of the above answers is correct.
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
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Marked as best answer by Pea0909berry on Jul 9, 2019

macmac

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Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pea0909berry

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Reply 2 on: Jul 9, 2019
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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