Which of the following situations is a cash outflow?   Question 8 options:   Bank Loan balance in 2019 is $20,000 and in 2018 was $10,000   Mortgage balance in 2019 is $30,000 and in 2018 was $25,000   Equipment balance in 2019 is $30,000 and in 2018 was $5,000   Building balance in 2019 is $140,000 and in 2018 was $150,000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
ChapterM: Time Value Of Money Module
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Which of the following situations is a cash outflow?

 

Question 8 options:

 

Bank Loan balance in 2019 is $20,000 and in 2018 was $10,000

 

Mortgage balance in 2019 is $30,000 and in 2018 was $25,000

 

Equipment balance in 2019 is $30,000 and in 2018 was $5,000

 

Building balance in 2019 is $140,000 and in 2018 was $150,000

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