This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Lionworks, Inc. sold a machine for $39,000, which represents a gain of $6,000. How would this ... (Read 46 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Feb 19, 2020
Lionworks, Inc. sold a machine for $39,000, which represents a gain of $6,000. How would this transaction be reflected on the Statement of Cash Flows under the indirect method?
◦ A cash inflow of $33,000 in the investing section
◦ A subtraction of $6,000 from net income in the operating section and a cash inflow of $39,000 in the investing section
◦ A cash inflow of $39,000 in the operating section
◦ An addition of $6,000 to net income in the operating section and a cash inflow of $39,000 in the investing section
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by vinney12 on Feb 19, 2020

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Feb 19, 2020
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.
Answer Preview
Only 44% of students answer this correctly


vinney12

  • Member
  • Posts: 586
Reply 2 on: Feb 19, 2020
Excellent

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Evidence that the ATP synthase is a rotary machine Evidence that the ATP synthase is a rotary machine
Development encompasses both gains and losses. Sometimes a health crisis (loss) can result in a heal Development encompasses both gains and losses. Sometimes a health crisis (loss) can result in a heal
American women operating machine lathes in a munitions factory. American women operating machine lathes in a munitions factory.
Ecg MACHINE Ecg MACHINE
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Which reaction below represents Th decay by alpha emission? Which reaction below represents Th decay by alpha emission?
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library