Multiple Choice
Aaron Inc. reported operating expenses during 2015 of $765,000 (including $80,000 of depreciation expense) . Prepaid expenses increased $25,000 while accrued liabilities increased $43,000. How much cash was paid for operating expenses during 2015?
A) $702,000.
B) $622,000.
C) $667,000.
D) $703,000.
Correct Answer:
Verified
Correct Answer:
Verified
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