Cash flows from interest received on loans are reported in the statement of cash flows as part of:
A)Operating activities.
B)Financing activities.
C)Investing activities.
D)Noncash activities.
E)This is not reported in the statement of cash flows.

Question

Quizplus · Accepted Answer

Interest received on loans is considered part of the company's normal operations and should be reported as operating activities in the statement of cash flows.

Cash Flows from Interest Received on Loans Are Reported in the Statement