any sold a piece of land for $39,000 that had originally cost $32,500. This event would: Multiple Choice increase cash flows from investing activities by $39,000. not affect operating income. increase net income by $6,500.

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter19: Capital Investment
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gas Company sold a piece of land for $39,000 that had originally cost $32,500. This event would:
Multiple Choice
О
increase cash flows from investing activities by $39,000.
not affect operating income.
increase net income by $6,500.
All of these answer choices are correct.
Transcribed Image Text:02 gas Company sold a piece of land for $39,000 that had originally cost $32,500. This event would: Multiple Choice О increase cash flows from investing activities by $39,000. not affect operating income. increase net income by $6,500. All of these answer choices are correct.
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