Dental,Inc.uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2019: Use the direct method to compute the payments made to employees.(Accrued Liabilities relate to other operating expense. )
A)$72,200
B)$43,500
C)$24,700
D)$47,500

Question

Dental,Inc.uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2019:   Use the direct method to compute the payments made to employees.(Accrued Liabilities relate to other operating expense. )
A)$72,200 
B)$43,500 
C)$24,700 
D)$47,500

Quizplus · Accepted Answer

Cash paid to employees = $47,500