Solved

During the Year,Chappel Engineering Corporation Has Operating Expenses of $50,000

Question 64

Multiple Choice

During the year,Chappel Engineering Corporation has operating expenses of $50,000.There was an increase in prepaid expenses of $4000 and an increase in accrued liabilities of $6000.What were Chappel's cash payments for operating expenses?


A) $44,000
B) $48,000
C) $54,000
D) $56,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions