A Machine with a Cost of $190,000 and Accumulated Depreciation

question 41

Multiple Choice

A machine with a cost of $190,000 and accumulated depreciation of $95,000 was sold for $50,000 cash.The amount that should be reported as a source of cash under cash flows from investing activities is

• A)$50,000
• B)$80,000
• C)$120,000
• D)$35,000
• E)$45,000

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Definitions:

Attitudinal Bias

Involves preconceived notions or judgments that influence an individual's perceptions and behaviors towards others, often leading to unfair treatment.

Fast-Track Program

A program that encourages new managers with high potential to remain with an organization by enabling them to advance more rapidly than those with less potential.

Referral Program

A systematic approach businesses use to encourage employees or customers to recommend qualified candidates for job positions or services.

High Potential

Individuals within an organization identified as having the capability to hold leadership positions and contribute significantly to its success in the future.