Which of the following is not added to net income in the operating activities section of the statement of cash flows prepared using the indirect method?

Question

Quizplus · Accepted Answer

Depreciation and amortization expenses are added back to net income in the operating activities section because they are non-cash expenses. However, gains and losses on the sale of equipment are not operating activities and are therefore not included in this section.

Which of the Following Is Not Added to Net Income