on a statement of cash flows for a provider of tutoring services, the cash flows from financing activities would include: the flashcards used to tutor math students the promotional sign at the entrance to the building where the tutoring takes place the money borrowed to purchase the furniture in the tutorial area and the interest owed on that debt the reputation of the tutors working for the service the students who benefit from the service

Respuesta :

On a statement of cash flows for a provider of tutoring services, the cash flows from financing activities would include the money borrowed to purchase the furniture in the tutorial area and the interest owed on that debt.

Any obligation to pay back the money, any debt represented by notes, bonds, debentures, or other similar obligations, any obligation arising from a conditional sale or other title retention agreement, and the net aggregate rentals under any lease that, under GAAP, would be capitalized on the borrower's books or that substantially equates to the financing of the asset so leased are all considered to be borrowings.

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