Moxley AG had January 1 and December 31 balances as follows. For 2019, cost of goods sold

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Moxley AG had January 1 and December 31 balances as follows.
1/1/19 12/31/19 Inventory €95,000 €113,000 Accounts payable 61,000 69,000

For 2019, cost of goods sold was ‚¬500,000. Compute Moxley's 2019 cash payments to suppliers.

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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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