short term borrowing affects CFO or CFF? From Notes Vol 3, p 19, “short term liability is operating activity”. However, in the chapter of Cash flow statement, there is no clues.
I think the idea behind is ST borrowings are used to finance your operating activity like working capital but it’s still a source of financing so go through CFF in the CF statement. Plus if you take any published CFS, you will see that it has both ST and LT CFF.