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:

Static

Relating to or characterized by a lack of movement, change, or development.

Ballistic Stretching

A form of dynamic stretching involving rapid and bouncing movements to stretch the muscles.

More Flexible

Describes the ability to move joints through their full range of motion with ease and without pain.

Morning

The first part of the day, following sunrise, often associated with the beginning of daily activities.