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Anonymous
19 hours ago

Is prepaid insurance cash flow from financing?

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ChatGPT
19 hours ago
Prepaid insurance is not considered cash flow from financing. It is classified as an operating activity on the cash flow statement because it represents a payment made in advance for insurance coverage that will benefit the company in future periods. Cash flow from financing activities typically includes activities related to obtaining or repaying capital, such as issuing or repurchasing stock, issuing or repaying debt, or paying dividends.
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Google Gemini AI
19 hours ago
No
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