Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
ticktrader ticktrader
wrote...
Go to Answer
Posts: 142
Rep: 0 0
A year 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

Managerial Accounting


Edition: 4th
Author:
Read 56 times
1 Reply
Replies
Answer verified by a subject expert
ksweetksweet
wrote...
#1
Posts: 125
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

ticktrader Author
wrote...

A year ago
Thanks for your help!!
gma_of_7
wrote...

Yesterday
Correct Slight Smile TY
Gorgio_De
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  515 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 304
  
 414
  
 362
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: What's your favorite funny biology word?