Which of the following would be included in the "cash flow from operating activities" section of the statement of cash flows?
A)Accrual of salary expense at year-end.
B)Purchase of land for cash.
C)Payments of cash dividends to the owners of the business.
D)Cash paid for interest on a note payable.

Question

Quizplus · Accepted Answer

Cash paid for interest on a note payable is considered an operating activity because it relates to the cost of borrowing, which is part of the company's primary operations.

Which of the Following Would Be Included in the "Cash