If an asset is sold at a gain, why is the gain subtracted from net income when

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If an asset is sold at a gain, why is the gain subtracted from net income when computing the net cash provided by operating activities under the indirect method?

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Managerial Accounting

ISBN: 978-0078111006

14th edition

Authors: Ray Garrison, Eric Noreen and Peter Brewer

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Question Posted: Jan 10, 2014 01:22 AM

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If an asset is sold at a gain, why is the gain subtracted from net income when

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