review if my answer is correct to the below question ? How will the sale of the tangible non-current asset affect the firm’s statement of cash flows?… | Cheap Nursing Papers

review if my answer is correct to the below question ? How will the sale of the tangible non-current asset affect the firm’s statement of cash flows?…

Dear Tutors , may you please review if my answer is correct to the below question ?

How will the sale of the tangible non-current asset affect the firm’s statement of cash flows?

First of all, not all financing activities have an impact on the cash flow statement but mainly those that involve the exchange of cash. The sale of the tangible non-current asset will be reflected as the Cash inflow of the spending activities.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15

Order Now

Hi there! Click one of our representatives below and we will get back to you as soon as possible.

Chat with us on WhatsApp