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lilavasa [31]
3 years ago
13

Madison Company issued an interest-bearing note payable with a face amount of $30,000 and a stated interest rate of 8% to the Me

tropolitan Bank on August 1, Year 1. The note carried a one-year term. The amount of cash flow from operating activities on the Year 1 statement of cash flows would be:
Business
1 answer:
kondaur [170]3 years ago
5 0

Answer:

zero

Explanation:

It will be Zero. Because its not an operating activity. It will come under Finance activity in the cash flow of Madison company .

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