galfaro19
galfaro19
29.05.2020 • 
Business

In 2019, BayKing Company sold used equipment for $17,000. The equipment had an original cost of $80,000 and accumulated depreciation as of the date of sale was $60,000. BayKing also purchased heldminustominusmaturity securities for $7,000. Net income for the year was $ 78 comma 000. There were no other transactions conducted during the period. What are the 2019 net operating cash flows for BayKing under the indirect methodp

Solved
Show answers

Ask an AI advisor a question