Question
Use the information below to prepare the operating section of the statement of cash flows using the direct method. Cash sales $450,000 Cash payments to
Use the information below to prepare the operating section of the statement of cash
flows using the direct method.
Cash sales $450,000
Cash payments to suppliers 109,300
Cash payments to employees 95,780
Cash payments for income taxes 46,700
Cash receipts for accounts receivable 120,000
Cash payments for utilities 27,400
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Strategic Market Management
Authors: David A. Aaker
5th Edition
0471177431, 9780471177432
