Which of the following would not be presented in the cash from operating activities section of the statement of cash flows when the indirect method is used?
A) Gain on the sale of investments.
B) Depreciation expense.
C) Neither a gain on the sale of investments nor depreciation expense would be shown.
D) Both a gain on the sale of investments and depreciation expense would be shown.

Question

Quizplus · Accepted Answer

The Answer of Which of the following would not be presented in the cash from operating activities section of the statement of cash flows when the indirect method is used?
A) Gain on the sale of investments.
B) Depreciation expense.
C) Neither a gain on the sale of investments nor depreciation expense would be shown.
D) Both a gain on the sale of investments and depreciation expense would be shown.

Which of the Following Would Not Be Presented in the Cash