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A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What
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A company sold PP&E for $200 cash. Prior to the sale, the net book value of the PP&E on the financial statements was $240. Thus, the company recorded a Loss on Sale of Equipment of $40 in Net Income. What is the operating cash flow in this transaction?

User B Bycroft
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Answer:

The operating cash flow in this transaction is zero

Step-by-step explanation:

Please see attachment.

A company sold PP&E for $200 cash. Prior to the sale, the net book value of the-example-1
User Pawka
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