A Machine with a Cost of $130,000 and Accumulated Depreciation

question 34

Multiple Choice

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported in the operating activities section reported under the direct method is:

• A)$50,000.
• B)Zero. This is a financing activity.
• C)$45,000.
• D)Zero. This is an investing activity.
• E)$5,000.

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Definitions:

Nonverbal Signals

Communication cues such as facial expressions, body language, and gestures that convey information or feelings without using words.

Nonverbal Part

The component of communication that does not involve words but includes gestures, facial expressions, and body language.

Distance Interactions

this term refers to the communications or actions that occur between individuals or groups who are not physically co-located, often facilitated by technology.

Face-to-Face Interaction

Direct communication between individuals, where they are physically present in the same location, allowing for nonverbal cues.