Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN: 9781285190907
Author: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher: Cengage Learning
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Chapter 3, Problem 4QE
To determine

Discuss as per US Generally Accepted Accounting Principles (GAAP) that in statement of cash flow classifies cash expense of interest under operating activity and cash expense of dividends to shareholders under financing activity.

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Financial Reporting, Financial Statement Analysis and Valuation

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