Crossword,Inc

question 148

Multiple Choice

Crossword,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 to suppliers for Merchandise Inventory and other operating expenses.(Accrued Liabilities relate to other operating expense. )

• A)$196,200
• B)$176,800
• C)$19,400
• D)$200,200

---

Definitions:

Coffee Shop

A type of establishment that primarily serves coffee and other hot beverages, often also providing a place for social interaction or work.

Socially Skilled

Having the ability to interact smoothly and effectively with others in a social context.

Rated

Evaluated or classified based on quality, importance, severity, or other characteristics.

Attractive

Having a pleasing appearance, being emotionally appealing, or possessing qualities that draw attention or interest.