As a lender, discuss whether you would be satisfied with the current method of classifying cash flows

Question:

As a lender, discuss whether you would be satisfied with the current method of classifying cash flows into only three categories. In addition, comment on the usual classification of interest cash flows, and whether you think classifying them under operating activities is appropriate.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

Question Posted: