Top Posters
Since Sunday
18
13
r
6
6
u
5
V
4
b
4
r
4
o
4
d
4
n
4
l
4
New Topic  
ticktrader ticktrader
wrote...
Posts: 75
Rep: 0 0
3 months ago
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
Textbook 

Managerial Accounting


Edition: 4th
Author:
Read 4 times
1 Reply
Replies
Answer verified by a subject expert
ksweetksweet
wrote...
Posts: 68
Rep: 1 0
3 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$165,000

$160,000 + $4,000 + $1,000 = $165,000
1

Related Topics

ticktrader Author
wrote...

3 months ago
Smart ... Thanks!
ky
wrote...

Yesterday
Good timing, thanks!
Mcb
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  313 People Browsing
 280 Signed Up Today
Related Images
  
 232
  
 380
  
 124
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 328

Previous poll results: Who's your favorite biologist?