Multiple Choice
A company loaned $1,000,000 with interest at 7% to another company.The interest revenue from this loan would be reported on the statement of cash flows as
A) cash inflow from operating activities.
B) cash inflow from investing activities.
C) cash inflow from financing activities.
D) noncash transaction in a supplemental disclosure.
Correct Answer:
Verified
Correct Answer:
Verified
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