The sale of $3,000 worth of cash equivalents at cost has what effect on the indirect method Statement of Cash Flows.

Name: The sale of $3,000 worth of cash equivalents at cost has what effect on the indirect method Statement of Cash Flows.
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The sale of cash equivalents at cost does not impact the Statement of Cash Flows under the indirect method because cash equivalents are considered as cash, and transactions within cash and cash equivalents do not appear in the cash flows statement.

The Sale of $3,000 Worth of Cash Equivalents at Cost