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QS 12-24B (Algo) Direct: Computing cash paid for operations LO P5...

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Accounting

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QS 12-24B (Algo) Direct: Computing cash paid for operations LO P5 BTN Incorporated reports operating expenses of $28,000. Its comparative balance sheet shows that accrued liabilities decreased $7.000 and prepaid expenses increased $3,000. Compute cash used in operating activities using the direct method. Cash Payments for Operations (Direct) Cash paid for operating expenses

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