IFRS allows managers to choose how to classify interest paid in the cash flow statement. What are
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IFRS allows managers to choose how to classify interest paid in the cash flow statement. What are the alternative classifications allowed? What is the impact on the cash flow statement of these alternatives? What is the impact on the income statement? Which treatment do you prefer? Explain.
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Under IFRS managers can classify interest paid as cash from operations or as a fin...View the full answer
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