Question: Windsor, Inc. reports a $41280 increase in inventory and a $10320 increase in accounts payable during the year. Cost of goods sold for the year
Windsor, Inc. reports a $41280 increase in inventory and a $10320 increase in accounts payable during the year. Cost of goods sold for the year was $245100. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were $245100. $203820. $276060. $214140.
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