Question : 71. Canadian Beer reported they sold equipment for $222 million cash : 1228465
71. Canadian Beer reported they sold equipment for $222 million cash and purchased $1,515 million of new equipment using cash. The equipment sold had a net book value of $150 million. Cash flow from investing activities would show A. an inflow of $222 million and outflow of $1,515 million. B. an inflow of $222 million and outflow of $150 million. C. cash paid for equipment of $1,293 million. […]