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Joyner Corporation Paid Interest on Long-Term Debt

Question 28

Multiple Choice

Joyner Corporation paid interest on long-term debt. This interest payment should be classified on Joyner's statement of cash flows as a(an)

A) operating cash inflow.
B) operating cash outflow.
C) financing cash inflow.
D) financing cash outflow.
E) investing cash outflow.

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