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answer for other expenses isnt 207,000 or 247,000 The comparative statement of financial position for Cullumber Corporation shows the following noncash current asset and liability
answer for other expenses isnt 207,000 or 247,000
The comparative statement of financial position for Cullumber Corporation shows the following noncash current asset and liability accountsat March 31 : Cullumber's statement of income reported the following selected information for the year ended March 31,2024: sales were $880,000, cost of goods sold was $470,000, other operating expenses were $227,000 (which included depreciation expense of $20000), salarles expense was $52,500, and income trx expense was $15,000, Calculate net cash provide d (used) by operating activities using the direct method. CULLUMBER CORPORATION Statement of Cash Flows (Partial) For the Year Ended March 31,2024 Cash Flows from Operating Activities Gash Receipts from Customers $ 861200 Cash payments For Other Optrating Expenses $ For Income Tax \begin{tabular}{|l|l|} \hline & 9850 \\ \hline \end{tabular} 8 81200 Tosuppliers \begin{tabular}{|l|} \hline 475500 \\ \hline \\ \hline \\ \hline \end{tabular} To Employees Net Cash Provided toy Operating Activities : eTextbook and Media Save for Later Attempts: unlimited Gubmit Step by Step Solution
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