a-company-has-a-gain-of-5000-from-the-sale-of-equipment-how-should-this-be-treat

Question

A company has a gain of $5,000 from the sale of equipment. How should this be treated in the indirect method calculation?

Accepted Answer

Subtract $5,000 from net income

Answer

Ignore the gain

Answer

Multiply net income by $5,000

Answer

Add $5,000 to net income

A company has a gain of \$5,000 from the sale of equipment. How should this be treated in the indirect method calculation?