Where does the interest paid on bank loans get reported on the statement of cash flows
Cash spent on purchasing PP&E is called capital expenditures (CapEx). These investments are a cash outflow, and therefore will have a negative impact when we calculate the net increase in cash from all activities. Base on the financial statement, ABC company has paid $ 13,000 in interest to the bank and another $50,000 on the …
Where does the interest paid on bank loans get reported on the statement of cash flows Read More »