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In a statement of cash flows prepared using the indirect method, a gain on the sale of a long-term investment should be A. Reported as
In a statement of cash flows prepared using the indirect method, a gain on the sale of a long-term investment should be
A. Reported as an inflow and outflow of cash.
B. Deducted from income from continuing operations.
C. Reported as an outflow of cash.
D. Added to income from continuing operations.
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