Question: Question 34 View Policies Current Attempt in Progress Coronado Company uses the direct method in determining net cash provided by operating activities. The income statement

Question 34 View Policies Current Attempt in Progress Coronado Company uses the direct method in determining net cash provided by operating activities. The income statement shows income tax expense $86000. Income taxes payable were $34300 at the beginning of the year and $19600 at the end of the year. Cash payments for income taxes are $100700 $139900 $86000 $71300 Attempts:0 of 1 used Submit Answer Save for Later Assignment sent to Gradebook. Your grade is being recorded. Thu, Apr 16, 2020, 8:38:39 PM (America/New York-04:00) Next > dules Assament sent to Gradebook. Your de lis being recorded Thu, Aor 16. 2020, 4205 PM America York-0400) Next > des ey Accounting ekly Updates Question 17 View Policies Current Attempt in Progress cussions erences Sheridan Company reports a $25700 increase in inventory and a $11500 decrease in accounts payable during the year. Cost of Goods Sold for the year was $185700. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were laborations eyPLUS Support $197200 $185700 $148500 $222900 Save for Later Attempts: 0 of 1 used Submit Answer Assignment sent to Gradebook Youre Thu Apr 16.2020.34205 PM me w is being recorded ork-04 OCH

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