In 2019, TFS included a "Gain on Sales of Businesses" in Cash Flow from Operations....
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Accounting
In 2019, TFS included a "Gain on Sales of Businesses" in Cash Flow from Operations. The amount was -482 (million).
Which of the following would be a correct interpretation of that line item?
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The buyer received $482 million extra in cash from TFS
Income includes a $482 million gain from the sale, but any cash effect is reported in cash flow from operations. TFS subtracts the gain from Net Income to reconcile it with cash from operations
Thermo Fisher actually had a loss of $482 million from the sales of businesses
Thermo Fisher did not get the full selling price of the businesses in cash, the rest of it was probably stock
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