Business, 21.05.2020 00:08 awesomegrill

An analysis of the machinery accounts of Noller Company for 2015 is
as follows: Machinery, Net of Accumulatfd Machinery Depreciation
Balance at January 1, 2015 $500,000 $125,000 $375,000 Purchases
of new machinery in 2015 for cash 200,000 — 200,000 Depreciation in
2015 — 100,000 (100,000) Balance at Dec. 31, 2015 $700,000
$225,000 $475,000. The information concerning Noller's machinery
accounts should be shown in Noller's statement of cash flows
(indirect method) for the year ended December 31, 2015, as a(n):.
A. $100,000 increase in cash flows from financing activities.
B. subtraction from net income of $100,000 and a $200,000 decrease
in cash flows from financing activities.
C. addition to net income of $100,000 and a $200,000 decrease in cash
flows from investing activities.
D. $200,000 decrease in cash flows from investing activities.

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An analysis of the machinery accounts of Noller Company for 2015 is
as follows: Machinery, Ne...

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