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Prior to the sale the net book value of the ppe on the

Question - A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What is the operating cash flow in this transaction?

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Accounting Basics: Prior to the sale the net book value of the ppe on the

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Accounting Basics: Prior to the sale the net book value of the ppe on the

Reference No:- TGS02867517

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