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Home Q & A Board Other Fields Homework Help Business Accounting
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kAw kAw
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6 years ago
On the statement of cash flows, the total lease payment reduces cash flow from operating activities for the operating lease. Only the ________ reduces operating cash flows under the ________ lease. Therefore, cash flows from operating activities are ________ under the finance lease each year and in total.
A) liability portion; finance; lower
B) interest portion; finance; higher
C) liability portion; operating; lower
D) interest portion; operating; higher
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
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#1
6 years ago
 B
kAw Author
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#2
6 years ago
Upwards Arrow Correct again
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