Non-operating gains like gain on sale of non-current assets are _________ under indirect method.
Not treated
Added
Subtracted
None of these
Non-operating gains like gain on sale of non-current assetsare subtracted under indirect method.
Prepare a format of cash flow from operating activities under indirect method.
In some cases, the items presented under the “non-current” head of the Balance Sheet do not have a corresponding “current” head especially for Assets.