Operating Expenses Other Than Depreciation Expense for the Year Were

question 82

Multiple Choice

Operating expenses other than depreciation expense for the year were $400,000.Accrued expenses payable decreased by $35,000.Cash payments for operating expenses to be reported on the cash flow statement using the direct method would be:

• A)$400,000.
• B)$435,000.
• C)$365,000.
• D)$35,000.

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Definitions:

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