Question 2 (1 point)
Alpha Company sold machinery with a cost of €20,000 and accumulated
depr...
Business, 27.06.2021 19:00 breanastone15
Question 2 (1 point)
Alpha Company sold machinery with a cost of €20,000 and accumulated
depreciation of €8,000 for an amount that resulted in a loss of €3,000. What amount
should Alpha Company report on the statement of cash flows as “proceeds from sale
of fixed assets"?
€12,000
€17,000
15,000
9,000
Answers: 1
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