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How would the cash flow from the sale appear on the statement of cash flows?
a. $1,500 in operating activities and $38,500 in investing activities.
b. $40,000 in financing activities.
c. $38,500 noncash financing and investing activities and $1,500 in operating activities.
d. $40,000 in investing activities.
Out of available options - Option D is the right answer.
D-----------------------------------------------
The answer should $40,000 in investing activities.
option d=====================
Option a) $1,500 in operating activities and $38,500 in investing activities
The correct answer is the40.000$ in investing activities
D option*******************************
Option D.........................
Correct Answer is C) $38500/- in non cash financing & investing activities and $1500/- in operating activities
