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Investing activities must be disclosed under the gross method. Therefore, if a company paid $200 million to acquire new equipment and sold old equipment for $25 million, then both these items would

Investing activities must be disclosed under the gross method. Therefore, if a company paid $200 million to acquire new equipment and sold old equipment for $25 million, then both these items would be separately disclosed in the investing section of the statement of cash flows. A) True B) False

Aug 02 2021 View more View Less

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