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McDaniel, Inc

question 65

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McDaniel, Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2017: McDaniel, Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2017:     Use the direct method to compute the payments made to employees. (Accrued Liabilities relate to other operating expense.)  A)  $69,400 B)  $42,400 C)  $23,000 D)  $46,400 McDaniel, Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2017:     Use the direct method to compute the payments made to employees. (Accrued Liabilities relate to other operating expense.)  A)  $69,400 B)  $42,400 C)  $23,000 D)  $46,400 Use the direct method to compute the payments made to employees. (Accrued Liabilities relate to other operating expense.)


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