Using the Indirect Method (Statement of Cash Flows),a Gain from the Sale

question 20

Multiple Choice

Using the indirect method (statement of cash flows) ,a gain from the sale of equipment would:

• A)be subtracted from net income
• B)be added to net income
• C)have no adjustment made to net income
• D)be added to the investing section of the statement of cash flows

---

Definitions:

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Core Competencies

refer to the unique strengths and abilities that a company or individual possesses, which give them a competitive advantage in the market.

Special Strengths

Unique abilities or talents that distinguish an individual or entity from others; often contributing significantly to success.

Leader

An individual who guides or influences a group towards achieving goals or objectives, often demonstrating authority or inspiration.