48. Assume U.S. GAAP (generally accepted accounting principles) applies unless
otherwise noted.
An analyst gathers the following information about three equipment sales that a
company made at the end of the year:
Original
Accumulated Depreciation
Sales
Cost
at Date of Sale
Proceeds
1 $200,000 $150,000 $70,000
2 $200,000 $200,000 $30,000
3 $300,000 $250,000 $40,000
All else equal for that year, the company’s cash flow from operations will most
likely be:
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