Standard Corporation sold fully depreciated equipment for Rs.5,000. This transaction will be reported on the cash flow statement as a(n):
Tap an option to check your answer.
✅ Correct answer: B. Investing activity
Option A : Operating activity
Option B : Investing activity
Option C : Financing activity
Option D : None of the given options
Option E :
Correct Answer : Investing activity
10 random questions, instant feedback, earn XP.