If equipment was sold for $15,000 and a loss of $10,000 was recognized, investing activities would show a cash inflow of $15,000.
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Q4: An increase in dividends payable increases net
Q5: When accounts receivable increases during the year,
Q6: Cash outflows to purchase long-term investments would
Q7: A cash flow statement starts with profit
Q8: The issue of bonds to acquire land
Q10: Net cash provided (used) by operating activities
Q11: A company has credit sales of $150,000
Q12: Cash inflows from investing activities include:
A) sale
Q13: Noncash investing and financing activities:
A) may represent
Q14: Assuming the indirect method is used for
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