Solved

Mobile Corp

Question 104

Multiple Choice

Mobile 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 Mobile's cash payments for operating expenses?


A) $62,000
B) $58,000
C) $50,000
D) $70,000

Correct Answer:

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