Pietr Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000, for 2022. During the year,
Question:
Pietr Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000, for 2022. During the year, prepaid expenses decreased $7,200 and accrued expenses payable increased $4,400. Compute the cash payments for operating expenses in 2022.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
The cash payments for operating expenses in 2022 can b...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Managerial Accounting Tools For Business Decision Making
ISBN: 9781119709589
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
Question Posted:
Students also viewed these Business questions
-
Jen and Berry's sells ice-creams from its factory-shop in Petone. There is a managing director (Maynard Dibble), a marketing manager (Mary Salman) and a production manager (Peter Pritchard). Maynard...
-
Sisson Corporation reports operating expenses of $80,000 excluding depreciation expense of $15,000 for 2014. During the year, prepaid expenses decreased $6,600 and accrued expenses payable increased...
-
Sisson Corporation reports operating expenses of $80,000 excluding depreciation expense of $15,000 for 2019. During the year, prepaid expenses decreased $6,600 and accrued expenses payable increased...
-
Local 54 has retained James Love to represent it in a grievance against Dilated Peoples Optical Inc. The union is grieving the employers decision to exclude from the bargaining unit the position of...
-
Why is it important for the purchaser to establish an accurate value for each individual asset acquired when a group of business assets is being purchased for an agreed-upon total price?
-
Is a product a system?
-
On its books, Navarro Companys Cash account shows an ending balance of \($770\). The bank statement for the current period shows a \($20\) service charge and an NSF check for \($100.\) A \($250\)...
-
What do we mean when we say businesses spend two kinds of money? Where does each kind come from? How is each used?
-
A car rental company offers two plans for renting a car. Plan A: 30 dollars per day and 18 cents per mile Plan B: 50 dollars per day with free unlimited mileage How many miles would you need to drive...
-
A: Salary is hypothesized to depend on educational qualification and occupation. To understand the dependency, the salaries of 40 individuals [SalaryData.csv] are collected and each persons...
-
In its 2019 statement of cash flows, what amount did Apple report for net cash (a) Provided by operating activities, (b) Used for investing activities, (c) Used for financing activities?
-
Rodriquez Corporations comparative balance sheets are as follows. Additional information: 1. Net income was $18,300. Dividends declared and paid were $16,400. 2. Equipment which cost $10,000 and had...
-
The following information pertains to Smith Woodwork Co.s ending inventory for the current year: Required a. Determine the value of the ending inventory using the lower-of-cost-or-market rule applied...
-
SleepSafe is a bank with branches all throughout Canada. The bank has always focused on traditional banking, but with the appointment of a new CEO, Sarah Smith, the company is moving in a different...
-
The following are the transactions of Spotlighter, Incorporated, for the month of January. Borrowed $ 4 , 7 4 0 from a local bank on a note due in six months. Received $ 5 , 4 3 0 cash from investors...
-
(1) In perfect competition, firms cannot control market price and thus market price tends to be lower than that of monopoly and oligopoly. In some occasions, however, firms in oligopoly may decrease...
-
Determine the number of zeros of the polynomial function. f(x) = x + 4x + 1 zero(s)
-
Write the following in simplified radical form. 3 250
-
Using the Yahoo! Finance Web site (finance.yahoo.com) get the current price and five-year dividend history for Eli Lilly & Co. To gather this data, enter the ticker symbol (LLY) in the Get Quotes box...
-
Dawson Companys balance sheet information at the end of 2019 and 2020 is as follows: Additional information: The company did not issue any common stock during 2020. Required : Next Level Fill in the...
-
PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including...
-
Non-U.S companies that follow IFRS: a . Do not normally use the principles of internal control activities described in this text. b . Often offset cash with accounts payable on the balance sheet. c ....
-
Cinderella Shoe Shop had goods available for sale in 2022 with a retail price of $120,000. The cost of these goods was $84,000. If sales during the period were $80,000, what is the ending inventory...
-
Students must useinformation literacy in their writing. Theprojectshould be at least #2000 words of content. Word document only! The students will be required to meet with a top level manager,...
-
Your agency has been directed by community leaders to develop and implement a community paramedic program targeting injury prevention among the elderly. You are now tasked with providing a briefing...
-
Write up an assessment record for one of the children/young people in a learning environment. The record must be set out clearly showing: - a) Your assessment of the learner's development b) How the...
Study smarter with the SolutionInn App