Multiple Choice
The amortization of a bond premium can correctly be presented in the statement of cash flows in which of the following ways?
A) A positive adjustment to net income in determining cash flows from operating activities
B) A use of cash in determining cash flows from investing activities
C) A source of cash in determining cash flows from financing activities
D) A negative adjustment to net income in determining cash flows from operating activities
Correct Answer:
Verified
Correct Answer:
Verified
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