For a firm using the indirect method,a loss on the sale of equipment should be added back to net income to arrive at cash flow from operations.

Name: For a firm using the indirect method,a loss on the sale of equipment should be added back to net income to arrive at cash flow from operations.
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According to the indirect method, non-cash expenses such as a loss on the sale of equipment should be added back to net income to arrive at cash flow from operations.

For a Firm Using the Indirect Method,a Loss on the Sale