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If a company uses the indirect method to determine cash flows from operating activities, gains: must be added to net income and losses subtracted from

If a company uses the indirect method to determine cash flows from operating activities, gains:

must be added to net income and losses subtracted from net income.

and losses must be added to net income.

must be subtracted from net income and losses added to net income.

and losses must be subtracted from net income.

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