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Glover Corporation Sold a Building with a Book Value of $215,000

Question 9

Multiple Choice

Glover Corporation sold a building with a book value of $215,000 for $250,000. Information related to this sale should be classified on Glover's statement of cash flows as a


A) operating cash inflow.
B) operating cash outflow.
C) financing cash inflow.
D) investing cash inflow.
E) investing cash outflow.

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