Interest Expense Paid on a Note Payable Would Be Included

question 90

True/False

Interest Expense paid on a Note Payable would be included in the operating activities section of the statement of cash flows.

---

Definitions:

Magnetism

A property of materials that causes them to attract or repel other materials based on the presence of a magnetic field.

Specific Gravity

The proportion between the density of a material and the density of a reference material, usually water, given a certain temperature.

Specific Gravity

The ratio of the density of a substance to the density of a reference substance, typically water for liquids and solids, or air for gases.

Rock

A naturally occurring solid aggregate of minerals or mineraloid matter.