On an indirect method statement of cash fl ows, a gain on the sale of PPE would

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On an indirect method statement of cash fl ows, a gain on the sale of PPE would be

a. reported in the investing activities section.

b. added to net income in the operating activities section.

c. deducted from net income in the operating activities section.

d. ignored, since the gain did not generate any cash.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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Question Posted: Jul 26, 2024 07:00 AM

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On an indirect method statement of cash fl ows, a gain on the sale of PPE would

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Financial Accounting International Financial Reporting Standards

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