Solution-Determine cash payments for operating expenses to

Determine cash payments for operating expenses to reported

Reference no: EM132821258

Problem 1: Operating expenses other than depreciation for the year were $335,000. Prepaid expenses decreased by $7,000. Cash payments for operating expenses to be reported on the cash flow statement using the direct method would be __________.

a) $335,000

b) $342,000

c) $328,000

d) $7,000

Reference no: EM132821258

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Determine cash payments for operating expenses to reported

Reference no: EM132821258

Reference no: EM132821258

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