In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment is added to net income ignored because it does not affect cash not reported on a statement of cash flows deducted from net income In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment is added to net income ignored because it does not affect cash not reported on a statement of cash flows deducted from net income

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Question: In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment is added to net income. ignored because

In calculating cash flows from operating activities using the indirect method, a loss on the sale of equipment is added to net income. ignored because it does not affect cash. not reported on a statement of cash flows. deducted from net income.

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