Question: Question 4 1 pts When using the indirect method, any gain on the sale of a fixed asset (such as land) must be added back

Question 4 1 pts When using the indirect method, any gain on the sale of a fixed asset (such as land) must be added back to the starting number in the first basic activity group subtracted from the starting number in the first basic activity group. either added back to or subtracted from the starting number of the first basic activity group, depending on the circumstances surrounding the sale of the fixed asset. gain on the sale of a fixed asset is not considered when using the indirect method of calculating cash flows. Question 5 1 pts The total cash flows for a company using the indirect method of calculating cash flows O will be more than the cash flows calculated by using the direct method. will be less than the cash flows calculated by using the direct method. will be the same as the cash flows calculated by using the direct method. It is not possible to use both methods to calculate cash flows. That is, one method precludes use of the other
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