In its 2016 annual report, Navya Naturals reported accrued liabilities of $10.01 million at the end of

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In its 2016 annual report, Navya Naturals reported accrued liabilities of $10.01 million at the end of 2016 and $8.2 million at the end of 2015. The company's operating expenses for 2016 totaled $78.5 million.
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Using the direct method, what amount would the company report as cash payments for operating costs on its 2016 statement of cash flows?
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Managerial Accounting

ISBN: 978-1119343615

3rd edition

Authors: Charles E. Davis, Elizabeth Davis

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