Nikels prepares its statement of cash flows using the, Ask an Expert

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Nikels prepares its statement of cash flows using the direct method. If Nikels sells equipment for a gain of $35,000 when the book value is $100,000 what amount will be reported on the statement of cash flows operating activities section related to this gain?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92017771

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