A Building with a Book Value of $54,000 Is Sold

question 40

Multiple Choice

A building with a book value of $54,000 is sold for $63,000 cash Using the indirect method, this transaction should be shown on the statement of cash flows as follows:

• A) an increase of $54,000 from investing activities
• B) an increase of $63,000 from investing activities and a deduction from net income of $9,000
• C) an increase of $9,000 from investing activities
• D) an increase of $54,000 from investing activities and an addition to net income of $9,000

---

Definitions:

Brand-Centric

A marketing approach focused primarily on enhancing and promoting the brand's identity rather than the product or service itself.

Hygiene or Hub Content

Regularly updated content aimed at maintaining audience engagement, often informative or foundational in nature.

Content Strategy

A strategic approach focused on creating, publishing, and managing content in a way that supports the achievement of business and marketing objectives.

Hygiene

Practices and conditions that help to maintain health and prevent the spread of diseases, often pertaining to cleanliness.