The following information was reported by a catering company: What amount would be reported in the operating activities section of the statement of cash flows for Payments for Operating Expenses under the direct method?
A)$237,000
B)$163,000
C)$200,000
D)$292,000

Question

The following information was reported by a catering company:  What amount would be reported in the operating activities section of the statement of cash flows for Payments for Operating Expenses under the direct method?
A)$237,000 
B)$163,000 
C)$200,000 
D)$292,000

Quizplus · Accepted Answer

The Answer of The following information was reported by a catering company:  What amount would be reported in the operating activities section of the statement of cash flows for Payments for Operating Expenses under the direct method?
A)$237,000 
B)$163,000 
C)$200,000 
D)$292,000

The Following Information Was Reported by a Catering Company