How to determine if something is an operating activity or financing activity?
Do financing activities not have expenses besides interest?
Finance best answer:
Answer by Chuckles
Operating activities are immediately deducted from taxes. They are things and activities that go directly into the product or service and are not available for future use.
Financing or Capital things are for multi year use and usually ave to be amortized over several years.
Finance
VP Finance and Resources Richard Florizone (above) with VP Advancement Heather Magotiaux
Image by University of Saskatchewan
Orignal From: How to determine if something is an operating activity or financing activity? and VP Finance and Resources Richard Florizone (above) with VP Advancement Heather Magotiaux
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