Question: please answer all questions, they are just multiple choice. please please please. Thank you soo much Required information {The following information applies to the questions



Required information {The following information applies to the questions displayed below.) The financial statements of New World, Inc., provide the following information for the current year: Accounts receivable Inventory Prepaid expenses Accounts payable (for merchandise) Accrued expenses payable Net sales Cost of goods sold Operating expenses (including depreciation of $61,000) Dec.31 $ 285,000 $ 277,500 $ 72,000 $ 255,300 $ 66,150 $3,157,500 $1,663,500 $ 379,500 Jan. $ 361,500 $ 264,000 $ 69,000 $ 245,550 $ 78,450 Compute the amount of cash received from customers during the current year, Multiple Choice $3.263,700 $3167.250 $3157500 $3.234.000 Compute the amount of New World's cash payments for purchases of merchandise during the current year Multiple Choice $1.577.250 $3361250 $1667.250 $1659750 Compute the amount of New World's cash payments for operating expenses. Multiple Choice $321,500 $330,800 $333.800 $394,800 New World's net cash flow from operating activities for the current year is: Multiple Choice $1.563.750 $1232,950 $1293,950 $1566.750
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