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How much cash will be needed to pay the following general and administrative expenses? Advertising expense 4,500 Executives' salaries expense 10,000 Depreciation expense 5,250 Amortization
How much cash will be needed to pay the following general and administrative expenses?
Advertising expense | 4,500 |
Executives' salaries expense | 10,000 |
Depreciation expense | 5,250 |
Amortization of patent | 1,225 |
Interest expense | 750 |
Total | 21,725 |
a. 21,725
b. 20,500
c. 15,250
d. none of the offered answers is true
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