1. Why do accounting standards require a company to separately disclose income taxes paid and interest paid if it uses the indirect method? 2. Is it logical that interest paid is classified as a cash...


1. Why do accounting standards require a company to separately disclose income taxes paid and interest paid if it uses the indirect method?


2. Is it logical that interest paid is classified as a cash outflow in the Operating Activities section of the statement of cash flows but that dividends paid are included in the Financing Activities section? Explain your answer.



May 04, 2022
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