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)$197,000
B)$177,500
C)$19,500
D)$201,000

Question

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)$197,000 
B)$177,500 
C)$19,500 
D)$201,000

Quizplus · Accepted Answer

11ea8a75_4295_c63d_a2a1_13e2392203b5_TB6701_00 11ea8a75_4295_c63e_a2a1_f935c8d298ca_TB6701_00 11ea8a75_4295_ed4f_a2a1_d1abbeb2beaf_TB6701_00