In 2019, TFS included a "Gain on Sales of Businesses" in Cash Flow from Operations. The amount was -482 (million).

Which of the following would be a correct interpretation of that line item?

Group of answer choices

The buyer received $482 million extra in cash from TFS

Income includes a $482 million gain from the sale, but any cash effect is reported in cash flow from operations. TFS subtracts the gain from Net Income to reconcile it with cash from operations

Thermo Fisher actually had a loss of $482 million from the sales of businesses

Thermo Fisher did not get the full selling price of the businesses in cash, the rest of it was probably stock