Statement should ace report amortization of bond discount

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Reference no: EM131255174

During the current year, Ace Co. amortized a bond discount. Ace prepares its statement of cash flows using the indirect method. In which section of the statement should Ace report the amortization of the bond discount?

a. Operating activities.

b. Supplemental disclosures.

c. Investing activities.

d. Financing activities.

Reference no: EM131255174

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