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Title: Willow Industries reported total operating expenses of $160,000 on the income statement. During the ... Post by: ticktrader on Feb 5, 2023 Willow Industries reported total operating expenses of $160,000 on the income statement. During the year, accounts payable decreased by $8,000, accrued liabilities decreased by $4,000, prepaid expenses increased by $1,000, and accounts receivable decreased by $6,000. Walker uses the direct method to determine the net cash provided by operating activities on the statement of cash flows. What is the amount of operating expenses adjusted to a cash basis?
▸ $162,000 ▸ $143,000 ▸ $149,000 ▸ $165,000 Title: Willow Industries reported total operating expenses of $160,000 on the income statement. During the ... Post by: ksweet on Feb 5, 2023 Content hidden
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