FRA Question - Indirect Cash Flow
I am confused on this question. I got the wrong answer, can anyone get the right one and please explain. Thank you
Q. The following information is available for a company that reports its cash flow using the indirect method:
Other Operating expenses 80,050 76,230
Prepaid insurance expenses 8,400 10,600
Accrued Utilities payable 23,020 21,500
.Insurance and utilities are the only two components of other operating expenses. The cash the company paid in other operating expenses in 2015 is closest to:
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