In computing the cash flows from operating activities section,a loss on the sale of long-term assets must be deducted from net income.

Name: In computing the cash flows from operating activities section,a loss on the sale of long-term assets must be deducted from net income.
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A loss on the sale of long-term assets is added back to net income in the operating activities section because it is a non-cash expense that reduced net income.

In Computing the Cash Flows from Operating Activities Section,a Loss