Interest expense and interest paid are shown as:
A) an operating item on the income statement and an investing activity on the statement of cash flows.
B) an operating activity on the statement of cash flows and a non-operating item on the income statement.
C) an operating item on the income statement and a financing activity on the statement of cash flows.
D) a financing activity on the cash statement and an operating item on the income statement.
Correct Answer:
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