Meganrsquos music store needs to raise 250000 in funds, Ask an Expert

Management Studies

Megan’s Music store needs to raise $250,000 in funds quickly to be able to move to a shop downtown that is now for sale. So, they decide to liquidate assets for cash, they sell some of their rental instruments to a local youth program for $150,000. They make a deal with the youth program director to provide music lessons for the program for the next two years for the remaining $100,000. Where would you find these transactions in the statement of cash flows?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92249677

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