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The amortization of premium on a bond investment should be presented in a statement of cash flows (using the indirect method for operating activities) as
The amortization of premium on a bond investment should be presented in a statement of cash flows (using the indirect method for operating activities) as a(n): Select one: O a. Addition to net income O b. Deduction from net income O c. Investing activity d. Financing activity O e. No disclosure is needed A company acquired a building, paying a portion of the purchase price in cash and issuing a mortgage note payable to a third party for the balance. In a statement of cash flows, what total amount is listed in investing activities for the above transaction? Select one: O a. Acquisition price less mortgage amount b. Acquisition price c. Zero O d. Mortgage amount
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