Pastel Paints Company uses the direct method for its statement of cash flow.It reports the following information regarding the year 2014: From the income statement:
Sales Revenues,$265,000
Cost of Goods Sold,$210,000
Operating expenses,$31,000
From the balance sheet:
- On the statement of cash flows,what amount will be shown for payments to suppliers for operating expenses? (Assume that Accounts Payable are for purchases of inventory only and Accrued Liabilities relate to Operating Expenses.)
Definitions:
Environmental Context
The surrounding conditions, including physical, social, and cultural factors, that influence an individual's or community's behavior and development.
Discipline
The practice of training individuals to obey rules or a code of behavior, using punishment to correct disobedience.
Ethnicity
A social category that divides people based on common cultural heritage, including language, religion, and customs.
Authoritative Parenting
A parenting style characterized by high responsiveness and high demands, guiding children with a balanced approach of firmness and support.
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