Question: When the Indirect Method is used to prepare the Statement of Cash Flows, a loss on the sale of assets such as PP&E , Intangibles

When the Indirect Method is used to prepare the Statement of Cash Flows, a loss on the sale of assets such as PP&E, Intangibles or Investments
to.
It is subtracted from the cash received from the sale to compute the cash that comes from investing activities.
b.
It is subtracted from net income to compute cash that comes from operating activities.
c.
It is not taken into account because it does not affect cash.
d.
It is added to net income to compute the cash that comes from operating activities.

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