Poppins Corporation prepares its statement of cash flow using the indirect method. Which of the following items
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Poppins Corporation prepares its statement of cash flow using the indirect method. Which of the following items would be deducted from net income when calculating the net cash from operations?
a. A loss on sale of land
b. A gain on sale of property, plant, and equipment
c. An increase in salaries payable
d. A decrease in accounts receivable
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