Why does the cash effect of interest appear as an operating activity, rather than a financing or

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Why does the cash effect of interest appear as an operating activity, rather than a financing or investing activity?

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Financial Accounting Information For Decisions

ISBN: 978-0324672701

6th Edition

Authors: Robert w Ingram, Thomas L Albright

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Question Posted: Jun 22, 2012 01:11 AM

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Why does the cash effect of interest appear as an operating activity, rather than a financing or

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Interest is included as an operating activity because interest exp...View the full answer

Financial Accounting Information For Decisions

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