Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. tatum company has other operating expenses of $223

Tatum Company has other operating expenses of $223,000. There has been an increase in prepaid...

60.1K

Verified Solution

Question

Accounting

Tatum Company has other operating expenses of $223,000. There has been an increase in prepaid expenses of $10,000 during the year, and accrued liabilities are $26,000 lower than in the prior period. Using the direct method of reporting cash flows from operating activities, what were Tatum's cash payments for operating expenses?

A. $259,000

B. $239,000

C. $187,000

D. $213,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Data from a cloud-seeding experiment are in the file CLOUDS on the course website. The file...

Chemistry
1.2K views

Consider the combustion of butane: C4H10(g) +O2(g)->CO2(g)+H2O(l) (unbalanced) Let 2.00 g of butane gas and 3.05 atm...

Biology
1.2K views

In comparison to eukaryotes prokaryotes Oare more structurally complex are smaller O are larger do...

Physics
1.2K views

Which best describes pitch O the amount of time taken for a longitudinal wave to...

Basic Math
1.2K views

Factor and simplify 2 cot x sec x sec x cot x Choose the correct...

Statistics
1.2K views

1 A 55 slug mass is supported by two cables AC and BC The magnitudes...

Statistics
1.2K views

the age of 30 to save for retirement you decide to deposit 50 at the...

Calculus
1.2K views

Consider the equation below. (If an answer does not exist, enter DNE.)f(x) = 5 cos(x)...

Algebra
1.2K views

tions of Case III y 0 and k my 0 y In this case Eqn...

Accounting
1.2K views

Please do asap with correct format.For part C write some clear comments 640...

Accounting
1.2K views

Skors, Inc., manufactures and sells snowboards. Skors manufactures a single model, the Pipex. In late...

Accounting
1.2K views

The South Division of Wiig Company reported the following data for the current year. Top...