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)None of these.This is not reported in the statement of cash flows.

Question

Quizplus · Accepted Answer

Interest received on loans is considered a cash inflow from operating activities because it is part of the normal course of business for a lending institution.

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