Fox Co. prepares its statement of cash flows using the indirect method. Fox's unamortized bond premium account decreased by $25,000 during the year. How should Fox report the change in unamortized bond premium in its statement of cash flows? a. Ignored in both the operating and financing activitiesb. As an addition to net income in the operating activities sectionc. As a subtraction from net income in the operating activities sectiond. As a financing cash outflow
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Home » Business » Fox Co. prepares its statement of cash flows using the indirect method. Fox's unamortized bond premium account decreased by $25,000 during the year. How should Fox report the change in unamortized bond premium in its statement of cash flows? a.