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The gains and losses on the sale of equipment under the direct method would be reported: A. in the investing section of the cash flow

The gains and losses on the sale of equipment under the direct method would be reported:

A.

in the investing section of the cash flow statement.

B.

in the financing section of the cash flow statement.

C.

they are not reported on the cash flow statement.

D.

in the operating section of the cash flow statement.

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