The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading

Question:

The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading house-hold retailer (dollars in thousands):

a. Assume that accounts payable reflects only accounts with inventory suppliers, and compute the cash payments made to suppliers during 2012.
b. Would this dollar amount be disclosed on the statement of cash flows?Explain.

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Financial Accounting in an Economic Context

ISBN: 978-1118582558

9th edition

Authors: Jamie Pratt

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Question Posted: Aug 19, 2014 03:39 AM

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The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading

Question:

Cost of goods sold Inventory Accounts payable 2012 $6,525,830 2,466,214 2011 $5,568,957 2,071,890 752,064 913,365

Step by Step Answer:

a Calculation of payments made to suppliers during 2012 Step One Inventory 2011 2071890 thousand Pur...View the full answer

Financial Accounting in an Economic Context

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