Explain how would the information above be shown on the, Ask an Expert

Management Studies

Let's say our Company makes Slinkies and Super Scrub (a floor cleaning product). Super Scrub isn't doing so good so we sell that entire division to another company. We record a gain from the sale on our books during the current year in the amount of $20 million. We also received $100 million cash for the sale of the business segment.

How would the information above be shown on the Cash Flow Statement?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9294939

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