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Investment Q&A

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Q: Reading through the quarterly report I see on the cash flow statement that finance costs are considered an item not affecting cash. The note dealing with it does not explain just itemizes the individual charges. This is also the same for others in the industry, EXE and SIA. How is it that this is true? My head hurts when I try to justify it. My financing costs, mortgage interest, car loan etc affect my cash flow. Thanks

Kenn
Read Answer Asked by Kenneth on May 09, 2017