Question: Tarpley Bakery manufactures distributes and markets a broad array of

Tarpley Bakery manufactures, distributes, and markets a broad array of baked goods. In its 2013 annual report, the company reported salaries and wages payable of $71.3 million at the end of 2013 and $93.9 million at the end of 2012. Assume that the company's salaries and wages expense for 2013 was $1,736.2 million.

Required
Using the direct method, what amount would Tarpley Bakery report as cash payments to employees on its 2013 statement of cash flows?


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  • CreatedFebruary 21, 2014
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