Hi,
I have a doubt why we are adding change in Prepaid Exp and not subtracting it from the below equation:
Cash Paid for Other Operating Exp = Operating Exp + Change in Prepaid Exp - Change in Accrued Liabilities
Hi,
I have a doubt why we are adding change in Prepaid Exp and not subtracting it from the below equation:
Cash Paid for Other Operating Exp = Operating Exp + Change in Prepaid Exp - Change in Accrued Liabilities
This is cash paid; when prepaid expenses increase, you pay more cash.