[m.a.w]

Hi, For the same question, I am using Kaplan exam kit. Shouldn’t be the loan in substance reported in the section “Cash flow from financing activities” for $3M?. Per the Kaplan answer is not included.

Thanks,

M

[m.a.w]

Dear Mike,

Many thanks for your response and apologies if my transcription wasn’t the best.

[Author]

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