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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Operating expenses other than depreciation for the year were $400,000. Accrued expenses increased by $35,000. Cash payments for operating expenses to be reported on the cash flow statement using the direct method would be:
A) $435,000.
B) $400,000.
C) $365,000.
D) $35,000.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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#2
6 years ago
This is the best resource ever, ty
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