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3 years ago

5

XYZ Corporation reported a $35,000 increase in inventory and a $7,000 decrease in accounts payable during the year. XYZ's cost o

f goods sold amounted to $185,000. Under the direct method of reporting cash flows from operating activities, cash payments to suppliers amounted to:

1 answer:

Angelina_Jolie [31]3 years ago

7 0

Answer:

42,000

Explanation:

net inventory change + net a/p change

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Oduvanchick [21]

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