Use the Information Below for Washington Company to Answer the Following

question 121

Multiple Choice

Use the information below for Washington Company to answer the following questions.
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The following selected account balances appeared on the financial statements of Washington Company:
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Washington Company uses the direct method to calculate net cash flow from operating activities.
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-Cash payments for merchandise were

• A) $39,000
• B) $33,000
• C) $29,000
• D) $23,000

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Definitions:

Simplify

Reducing a mathematical expression or equation to its most basic form without changing its value.

Special Product Pattern

Formulas that simplify the multiplication of algebraic expressions.

Multiply

The arithmetic operation of scaling one number by another, equivalent to adding a number to itself multiple times.

Simplify

The process of reducing a mathematical expression or equation to its simplest form.