Question

All of the followers are users of financial ratios Except?

Theory-Comett, Adair, and Nofsinger, 4e, Time Value of Money 1: Analyzing Single Cash Flows Five years ago, Lewis Equipment purchased equipment costing $212,000. Two years ago, the firm paid $32.000 for updates to that equipment. This year, the firm sold the equipment for $189.000. Which of these cash flows is (are) cash inflows to Lewis Equipment? Click the answer you think is right $212,000 original cost plus $32,000 in updates $32,000 updatesR $212,000 original cost $189,000 sale price 。

Answer 1

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$189,000 sales price will be cash inflows to lewis Equipment and would be reported under investing activities in the cash flow statement