Business, 10.06.2020 04:57 kiraswife

Arrow Printers 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. Arrow would report cash outflows from activities, as follows: a. Operating, $2,000; Financing $16,000.
b. Operating, $0; Financing $18,000.
c. Operating, $12,000; Financing $6,000.
d. Operating, $18,000; Financing $0.

Required:
What was shown as an operating cash flow under the direct method?

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Arrow Printers paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds...

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