A Company Loaned $1,000,000 with Interest at 7% to Another

question 183

Multiple Choice

A company loaned $1,000,000 with interest at 7% to another company.The interest revenue from this loan would be reported on the statement of cash flows as a:

• A)cash inflow from operating activities.
• B)cash inflow from investing activities.
• C)cash inflow from financing activities.
• D)noncash investing and/or financing activity.

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Definitions:

Surgi-Centers

Ambulatory surgery centers that provide outpatient surgical services.

Urgi-Centers

Healthcare facilities that provide immediate care services for urgent but non-life-threatening health issues, offering an alternative to emergency room visits.

Neighborhood Clinics

Neighborhood clinics are small-scale medical facilities located within communities, providing accessible healthcare services, including primary care and preventive treatments, to local residents.

Indigent Groups

Populations or communities that are impoverished and lack basic resources for subsistence.