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In preparing a statement of cash flows under the indirect method, which of the following requires an adjustment to net income as a nonoperating
In preparing a statement of cash flows under the indirect method, which of the following requires an adjustment to net income as a nonoperating gain? Multiple Choice Receiving dividends on an equity investment in another company. Selling inventory above its original purchase cost. Selling land above its original purchase cost. Receiving interest on a note receivable.
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