Which of the Following Should Be Deducted from Net Income

question 13

Multiple Choice

Which of the following should be deducted from net income in calculating net cash flow from operating activities using the indirect method?

• A) depreciation expense
• B) gain on sale of land
• C) a loss on the sale of equipment
• D) dividends declared and paid

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Definitions:

Oxycodone

A powerful opioid pain medication used to treat moderate to severe pain, with properties that can lead to dependence and abuse.

Opioid Pain Reliever

Medications that are chemically similar to opium and prescribed to treat pain, but have high potential for addiction.

Misused Drugs

Substances taken in a manner or dosage other than prescribed or intended, often leading to addiction, health issues, or adverse effects.

Stimulant Effects

The outcomes resulting from the use of substances that increase alertness, attention, and energy, such as caffeine and amphetamines.