Blossom Company reports operating expenses of $100,000, excluding depreciation expense of $17,000 for 2022. During the year, pre
paid expenses decreased $8,200 and accrued expenses payable increased $5,400. Compute the cash payments for operating expenses in 2022.
The cash payments for operating expenses in 2022 $
The operating expenses recorded in the year was $100,000, out of the total expenses,$8,200 was due to a decrease in prepaid expenses(no cash paid) and $5,400 was as a result of an increase in accrued expenses payable(no cash was paid in that regard as well)
Cash payments for operating expenses=operating expenses-decrease in prepaid expenses-increase in accrued expenses payable
cash payments for operating expenses=$100,000-$8,200-$5,400=$86,400.00
The answer in the first space provided is seventy five
percent while the second space provided is forty one percent, this is a
research that has estimated the percent rate of overweight and obesity in the
United States during the year of 2015.
By doing this, Dew was able to create a stronger bond with the customer and their brand. They already have brand awareness with their customers but now they are able to engage their customers by allowing them to have a "say" in their products. They are letting them design a product they would like to see on the market and become a part of the brand/company.
