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Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Gain on Sale of

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Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Gain on Sale of Investment-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following: O Add to net income to arrive at net cash flows from operating activities O Subtract from net income to arrive at net cash flows from operating activities O Not used to adjust net income to calculate net cash flows from operating activities

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