Cash flow statement
This query is : Resolved
15 July 2015
Why loss on sale of fixed asset is added in the net profit in cash flow statement.
15 July 2015
dear Dhruv
Its because the loss/profit from sale of asset is not an operating income.
It is an investing income.
Its because the loss/profit from sale of asset is not an operating income.
It is an investing income.
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