Nature Metals Company Uses the Direct Method to Prepare Its

question 178

Multiple Choice

Nature Metals Company uses the direct method to prepare its statement of cash flows. Use the following information reported for the year 2018 to compute the cash paid to suppliers for operating expenses.
Operating expenses, $30,000
Accrued Liabilities, beginning balance, $3500
Accrued Liabilities, ending balance, $5600

• A) $33,500
• B) $32,100
• C) $27,900
• D) $35,600

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