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Operating Expenses Other Than Depreciation for the Year Were $335,000

Question 18

Multiple Choice

Operating expenses other than depreciation for the year were $335,000.Prepaid expenses decreased by $7,000.Cash payments for operating expenses to be reported on the cash flow statement using the direct method would be:


A) $335,000.
B) $342,000.
C) $328,000.
D) $7,000.

Correct Answer:

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