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Interest Expense is treated as an operating activity item in the Statement of Cash Flows while...

Interest Expense is treated as an operating activity item in the Statement of Cash Flows while it is listed as a financing activity item in the Income Statement. Prepare a 1-2 page report listing the reasons why interest should be an operating or financing activity item and recommend your position on how interest should be listed (operating or financing).

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ekkarill92 answered 1 year ago
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