On the Statement of Cash Flows Prepared by the Indirect

question 82

Multiple Choice

On the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments would be:

• A) deducted from net income in converting the net income reported on the income statement to cash flows from operating activities.
• B) added to net income in converting the net income reported on the income statement to cash flows from operating activities.
• C) added to cash received from the sale to determine cash flows from investing activities.
• D) deducted from cash received from the sale to determine cash flows from investing activities.

---

Definitions:

University Administration

The management and organization of a university's operations, including academic and administrative functions, by its staff and faculties.

Family Stressors

Family stressors refer to pressures or challenges that arise within the family unit, impacting its members' emotional well-being and relationships.

Work-Family Conflict

refers to the tension arising from incompatible demands between work and family roles, impacting the individual’s ability to fulfill responsibilities in both areas.

Time Spent

Refers to the duration or period during which an individual engages in a specific activity or task.