Tuffet Corporation had the following information available from its 2011 balance sheet and income statement: What amount would be reported as cash outflows for interest on the statement of cash flows for 2011 using the direct method?

Question

Tuffet Corporation had the following information available from its 2011 balance sheet and income statement:  What amount would be reported as cash outflows for interest on the statement of cash flows for 2011 using the direct method?

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The Answer of Tuffet Corporation had the following information available from its 2011 balance sheet and income statement:  What amount would be reported as cash outflows for interest on the statement of cash flows for 2011 using the direct method?

Tuffet Corporation Had the Following Information Available from Its 2011