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 41 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
Wow, this really help

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Rule of Nines. A method for determining percentage of body burned. Each different colored section re Rule of Nines. A method for determining percentage of body burned. Each different colored section re
American women operating machine lathes in a munitions factory. American women operating machine lathes in a munitions factory.
Environmental and Lifestyle Factors of Weight Gain Environmental and Lifestyle Factors of Weight Gain
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?
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?
Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ... Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ...
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library