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Z2. The le moothe requrted on the income statement for the current year was $275,000. Deprediction eourdet on Erred assets and amortization of patents for

image text in transcribed Z2. The le moothe requrted on the income statement for the current year was $275,000. Deprediction eourdet on Erred assets and amortization of patents for the year were $40,000 and S2 100 mestirel. Balmess of current asset and current liability accounts the end and at the begiming orthe year are as follows: What is the amvurt of eash flows from operating activities reported on the statement of cash Eums greperset by the indirect method? a. SLQ9,000 b. S352000 c 5796000 a S524.000 34. are costs that remain the same in total dollar amount as the activity base changes a) Variable Costs b) Fured Costs 35. is the process by which managers run the day-to-day operations a) Planning b) Diresting c) Controlling d) Improring e) Decision-Making 36. Which of the following cost is NOT a period cost? a. salefpersuns' cormmissions b. depreciation on store equipment c. plant insurance d. adtrertising expense

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