Only the principle portion of a mortgage payment is considered to be a cash outflow for financing activities.

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Wording not used in text;however,I think student will understand (which is why I chose this Bloom's classification).OK JMF
Wording not used in text;however,I think student will understand (which is why I chose this Bloom's classification).OK JMF
Feedback: Cash flows reported as operating activities include cash receipts from revenues,including interest and dividend revenue and cash payments for expenses,including interest expense.

Only the Principle Portion of a Mortgage Payment Is Considered