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Hudson Ltd had always classified interest paid as an operating cash flow. In 2022 Hudson Ltd changed its accounting policy and classified interest paid
Hudson Ltd had always classified interest paid as an operating cash flow. In 2022 Hudson Ltd changed its accounting policy and classified interest paid of $50 000 as a financing cash flow in its statement of cash flows. The reported amounts are summarised below. 2021 2022 000.$ 000.$ Net cash inflows from operating activities 400 450 Net cash outflows for investing activities (300) (300) Net cash outflows from financing activities (50) (100) Net movement in cash 50 50 Based on the semi-strong form of market efficiency, what will share prices respond to the increase in operating cash flows reported in Hudson Ltd's 2022 financial statements? O Increase and then decrease O Decrease O Stay the same O Increase
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