Question 48 A company uses the direct method to prepare the statement of cash flows How would a loss from the sale of equipment be presented on the statement Question options A loss from the sale of equipment would be added to the net income in the operating activities section A loss from the sale of equipment would be subtracted from net income in the operating activities section A loss from the sale of equipment would be subtracted in the investing activities section A loss from the sale of equipment would be subtracted in financing activities section DOuestien 40

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Question 48 A company uses the direct method to prepare the statement of cash flows  How would a loss from the sale of equipment be presented on the statement  Question options  A loss from the sale of equipment would be added to the net income in the operating activities section A loss from the sale of equipment would be subtracted from net income in the operating activities section A loss from the sale of equipment would be subtracted in the investing activities section A loss from the sale of equipment would be subtracted in financing activities section DOuestien 40

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Question 48 A company uses the direct method to prepare the statement of cash flows. How would a loss from the sale of equipment be

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