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Business, 13.08.2020 05:01 ericka79

ABC paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on its common stock. ABC would report cash outflows from activities, as follows: A) Operating, $12,000; Financing $6,000.
B) Operating, $0; Financing $18,000.
C) Operating, $18,000; Financing $0.
D) Operating, $2,000; Financing $16,000.

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ABC paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,00...

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