Mei Company uses the direct method to prepare its cash flow statement.Refer to the following information reported for the year 2017: Cost of sales,$150,000
Inventory,beginning balance,$29,000
Inventory,ending balance,$61,000
Accounts payable,beginning balance,$8000
Accounts payable,ending balance,$5500
Operating expenses,$27,000
Accrued liabilities,beginning balance,$2700
Accrued liabilities,ending balance,$6300
In the operating activities section of the cash flow statement,what amount will be shown for payments to suppliers? Assume Accrued liabilities relate to Operating expenses.
A)$161,100
B)$184,500
C)$207,900
D)$161,500

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The Answer of Mei Company uses the direct method to prepare its cash flow statement.Refer to the following information reported for the year 2017: Cost of sales,$150,000
Inventory,beginning balance,$29,000
Inventory,ending balance,$61,000
Accounts payable,beginning balance,$8000
Accounts payable,ending balance,$5500
Operating expenses,$27,000
Accrued liabilities,beginning balance,$2700
Accrued liabilities,ending balance,$6300
In the operating activities section of the cash flow statement,what amount will be shown for payments to suppliers? Assume Accrued liabilities relate to Operating expenses.
A)$161,100
B)$184,500
C)$207,900
D)$161,500

Mei Company Uses the Direct Method to Prepare Its Cash