A list of sources and uses of cash are given below. Select on the line provided whether each is an operating, investing, or financing activity.
-pay interest expense
A)operating
B)investing
C)financing activity.

Question

Quizplus · Accepted Answer

Paying interest expense is considered an operating activity because it relates to the core operations of the business, involving the cost of borrowing money.

A List of Sources and Uses of Cash Are Given