Wellington Inc.uses the direct method to prepare its statement of cash flows.Refer to the following financial statement information for the year ended December 31,2015:
-On Wellington's statement of cash flows,using the direct method,what amount will be shown for payments to employees? (Assume Accrued Liabilities relate to Other Operating Expense.)
A) $74,000
B) $45,000
C) $25,000
D) $49,000
Correct Answer:
Verified
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