On November 30,2011,Just in Thyme,Inc.issued $10,000 of 20-year,9% bonds at 100.The bonds pay interest semiannually on May 31 and November 30.On its statement of cash flows for the year ended December 31,2011,Just in Thyme will show Cash paid for interest of ________.
A) $0
B) $(75) in the cash flows from financing activities section of the statement
C) $(450) in the cash flows from operating activities section of the statement
D) $(900) in the cash flows from operating activities section of the statement
Correct Answer:
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