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Hiller Company Had Total Operating Expenses of $155,000 in 2010

question 96

Essay

Hiller Company had total operating expenses of $155,000 in 2010, which included Depreciation Expense of $25,000. Also during 2010, prepaid expenses decreased by $9,000 and accrued expenses increased by $7,500.
Instructions
Calculate the amount of cash payments for operating expenses in 2010 using the direct method.


Definitions:

Optimum Arousal

A psychological concept suggesting there is a level of arousal that is ideal for performance and learning, too little or too much arousal can negatively impact performance.

Environmental Stimuli

External inputs from the environment that can affect an organism's behavior, physiology, and reactions, ranging from temperature changes to social interactions.

Energizes

Provides with energy or increases vigor.

Directs Behavior

Influences or guides actions and responses of an organism or system in certain situations, often in response to external stimuli or internal states.

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