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BTN Incorporated reports operating expenses of $28,400. Its comparative balance sheet shows that accrued liabilities decreased $7,400 and prepaid expenses increased $3,400. Compute cash
BTN Incorporated reports operating expenses of $28,400. Its comparative balance sheet shows that accrued liabilities decreased $7,400 and prepaid expenses increased $3,400. Compute cash used in operating activities using the direct method. Cash Payments for Operations (Direct) Cost of goods sold Decrease in accrued liabilities Decrease in inventory Decrease in prepaid expenses
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