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Assume that a merchandising company's accounts payable balance does not change during the period of the company's operating activities section of its statement of cash
Assume that a merchandising company's accounts payable balance does not change during the period of the company's operating activities section of its statement of cash flows (prepared using the Indirect method) includes an addition of $15 related to inventory, then it means that Multiple Choice O The cash paid for inventory purchases was $15 less than the cost of goods sold O The cash collections from customers were $15 less than the credit sales O The cash poid for inventory purchoses was $15 greater than the cost of goods sold O The cath collections from customers were $15 greater than the credit sales
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