Why does the FASB treat interest payments as an operating activity rather than as a financing activity?

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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

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Question Posted: Nov 28, 2016 10:13 AM

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Why does the FASB treat interest payments as an operating activity rather than as a financing activity?

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The FASB treats interest payments as an operating activity in order to be con...View the full answer

Intermediate Accounting

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