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On the Statement of Cash Flows, a loss on the sale of property, plant and equipment is added in the operating section. This is because:
On the Statement of Cash Flows, a loss on the sale of property, plant and equipment is added in the operating section. This is because:
- The company has received cash for the property, plant and equipment.
- This loss has brought in cash.
- This loss is a non-cash item.
- This loss cannot be recognized due to conservatism.
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