Cash flows from interest received are reported in the statement of cash flows as part of:
A)Operating activities.
B)Financing activities.
C)Investing activities.
D)Noncash activities.
E)None of these as this is not reported in the statement of cash flows.

Question

Quizplus · Accepted Answer

Interest received is part of operating activities because it relates to the company's primary revenue-producing activities.

Cash Flows from Interest Received Are Reported in the Statement