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A company's Income Tax Payable account decreased from $23 million to $22 million during the year. If its income tax expense was $100 million,
A company's Income Tax Payable account decreased from $23 million to $22 million during the year. If its income tax expense was $100 million, what would be shown as cash paid for income taxes under the direct method? Multiple Choice A cash outflow of $101 million. A cash outflow of $100 million. A cash outflow of $22 million. A cash outflow of $99 million.
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