Reliance Corporation has provided the following information for the year ended December 31, 2019: The equipment account balance increased $223,000. The equipment accumulated depreciation account balance increased $37,300. Equipment costing $54,600 was sold during the year resulting in a $13,450 gain. Depreciation expense recorded on the equipment during the year was $67,300. Which of the following statements is correct with respect to determining cash flow from operating activities? a. Using the indirect method, net income is decreased by the $30,000 sales price of the equipment.
b. Using the indirect method, net income is increased by the $66,800 depreciation expense.
c. Using the indirect method, net income is increased by the $12,700 gain on the sale of the equipment.
d. Using the indirect method, net income is increased by the $36,800increase in the accumulated depreciation account balance.

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.