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Question 10 (1 point) CAT Corp. has other operating expenses of $ 60,000. There has been a decrease in prepaid expenses of $ 4,000 during
Question 10 (1 point) CAT Corp. has other operating expenses of $ 60,000. There has been a decrease in prepaid expenses of $ 4,000 during the year, and accrued liabilities are $ 6,000 larger than in the prior period. What were CAT's cash payments for operating expenses? $ 62,000 $ 58,000 $ 50,000 $ 70,000 Question 11 (1 point) Which of the following items does NOT appear in the cash flow statement under the direct method? cash payments to suppliers cash collections from customers depreciation expense cash from the sale of equipment Question 12 (1 point) Claudia Clay Limited had a cost of goods purchased of $ 250,000. The comparative balance sheet analysis revealed a $ 10,000 decrease in inventory and a $ 20,000 increase in accounts payable. What were Claudia Clay's cash payments to suppliers? $ 230,000 $ 220,000 $ 260,000 $ 280,000
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