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Llana [10]
2 years ago
6

Nash's Trading Post, LLC had an increase in inventory of $88800. The cost of goods sold was $414400. There was a $22200 decrease

in accounts payable from the prior period. Using the direct method of reporting cash flows from operating activities, what were Nash's's cash payments to suppliers?
Business
1 answer:
makkiz [27]2 years ago
4 0

Answer: $525,400

Explanation:

From the question, we are informed that Nash's Trading Post, LLC had an increase in inventory of $88800, the cost of goods sold was $414400 and that there was a $22200 decrease in accounts payable from the prior period.

Using the direct method of reporting cash flows from operating activities, Nash's's cash payments to the suppliers will be:

= $88,800 + $414400 + $22200

= $525,400

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4 0
3 years ago
At the beginning of the month, the baking department of Mario Company had no beginning work in process inventory. At the end of
Phantasy [73]

Answer:

600 Units

Explanation:

Given:

Opening balance of inventory = 0 units

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Computation of ending work in process inventory:

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6 0
3 years ago
Consumerism is a widely accepted social movement. Proponents of this movement believe that _____ is a right of all consumers. a.
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Answer:

b. the right to be informed

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7 0
3 years ago
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andrew11 [14]

Answer:

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Explanation:

8 0
2 years ago
Sandoval needs to determine its year-end inventory. The warehouse contains 36,000 units, of which 4,600 were damaged by flood an
Ludmilka [50]

Answer:

40,600 units sound be included in its end of year interest

Explanation:

In this question, we are asked to calculate the number of units that should be included in its end of year inventory

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Closing inventory. 40,600

6 0
3 years ago
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