Tanglewood,Inc

question 30

Multiple Choice

Tanglewood,Inc.uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2018:


Use the direct method to compute the payments to suppliers for Merchandise Inventory and other operating expenses.(Accrued Liabilities relate to other operating expense. )

• A)$199,400
• B)$179,700
• C)$19,700
• D)$203,400

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Definitions:

1-butanol

An alcohol with the formula C4H9OH, featuring a four-carbon chain with a hydroxyl group attached to the first carbon, used as a solvent and in chemical synthesis.

Compound

An entity produced through the chemical synthesis of several elements in constant ratios.

Mechanism

The detailed process or steps through which a chemical reaction occurs, explaining how reactants are transformed into products.

Reaction

A process in which substances, the reactants, transform into different substances, the products, through breaking and forming of chemical bonds.