511,557 views
14 votes
14 votes
Cashews, Inc. issued $100,000, 6% bonds at face value on January 1. The bonds pay interest semiannually on June 30 and December 31. For the year ended December 31, the amount of interest paid equals ______ and is reported on the statement of cash flows as a(n) ______ activity. Multiple choice question.

User Furkan Omay
by
2.4k points

1 Answer

23 votes
23 votes
The answer is $6,000 and operating
User Spease
by
2.3k points