When using the indirect method, why are gains on the sale of fixed assets subtracted from net
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When using the indirect method, why are gains on the sale of fixed assets subtracted from net income in the operating activities section of the statement of cash flows? Why are losses on the sale of fixed assets added to net income?
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Related Book For 
Financial Accounting
ISBN: 9781292019543
3rd Global Edition Edition
Authors: Robert Kemp, Jeffrey Waybright, Pearson Education
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