Why is the increase in inventories of raw materials deducted from purchases in the by-nature income statement

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Why is the increase in inventories of raw materials deducted from purchases in the by-nature income statement format?

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Corporate Finance Theory And Practice

ISBN: 9780470721926

2nd Edition

Authors: Pierre Vernimmen, Pascal Quiry

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Question Posted: May 29, 2024 09:02 AM

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Why is the increase in inventories of raw materials deducted from purchases in the by nature income statement format?
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Why is the increase in inventories of raw materials deducted from purchases in the by-nature income statement

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Corporate Finance Theory And Practice

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