Question: S11-11. (Learning Objective 6: Computing operating cash flowsdirect method) Use the Motorsports of Madrid data in Short Exercise 11-9 to compute the following (enter all
S11-11. (Learning Objective 6: Computing operating cash flows—direct method) Use the Motorsports of Madrid data in Short Exercise 11-9 to compute the following (enter all amounts in thousands):
a. Collections from customers
b. Payments for inventory ________________________________________
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