Examlex
Assume the indirect method is used to compute net cash flows from operating activities.For this item extracted from the financial statements-Gain on Disposal of Equipment-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
Quantity
The amount or number of a material or immaterial good or service.
Units
Basic quantities considered as a standard of measurement for physical quantities.
Profit-Maximizing
The method used by a company to identify the pricing and production quantities that maximize its profits.
Price
Price is the amount of money required to purchase a good or service, determined by factors like supply, demand, and production costs.
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