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:

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The process of reducing the intensity or dampening the effects of something, such as sound, vibrations, or economic fluctuations.

General William Westmoreland

A senior United States Army officer who commanded U.S. forces during the Vietnam War from 1964 to 1968.

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A political and economic ideology advocating for a classless society in which all property and resources are communally owned, and each person works and is compensated according to their abilities and needs.