If cost of sales is $300000, inventory has increased by 12000 and the creditors have decreased by

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If cost of sales is $300000, inventory has increased by 12000 and the creditors have decreased by 20000, what is the amount of cash paid for the purchase of goods for resale?

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Nov 01, 2023 09:20 AM

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If cost of sales is $300000, inventory has increased by 12000 and the creditors have decreased by

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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