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The statement of cash flows classifies cash expenditures for interest expense as an operating activity but classifies cash expenditures to redeem debt as a financing activity. Explain this apparent...

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The statement of cash flows classifies cash expenditures for interest expense as an operating activity but classifies cash expenditures to redeem debt as a financing activity. Explain this apparent paradox.

Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
130 Votes
The statement of cash flows classifies cash expenditures for interest expense
as an operating activity but classifies cash expenditures to redeem debt as a
financing activity. Explain this apparent paradox.
Interest paid is reported in the operating section of cash flow statement due to the
fact that interest expense is paid for a particular...
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