Asked by Ebenezer Akinoluyemi on Jun 24, 2024

verifed

Verified

Sale of machinery held for use by the company

Sale Of Machinery

The process of transferring ownership of a piece of industrial equipment or machinery from one entity to another, usually in exchange for money.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments not considered cash equivalents.

  • Acquire knowledge about the effect of specific business operations on the cash flow statement.
verifed

Verified Answer

IL
Isabelle LewisJun 28, 2024
Final Answer :
c