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Multiple Choice Question 130 Swifty Corporation reported the following information for 2016: October $320000 November $316000 December $348000 Budgeted purchases Operating expenses are: Salaries, $110000;
Multiple Choice Question 130 Swifty Corporation reported the following information for 2016: October $320000 November $316000 December $348000 Budgeted purchases Operating expenses are: Salaries, $110000; Depreciation, $46000; Rent, $20000; Utilities, $33000 Operating expenses are paid during the month incurred. Accounts payable is used only for inventory acquisitions. How much is the budgeted amount of cash to be paid for operating expenses in November? $479000 $209000 $163000 O $159500
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