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Assume that a merchandising company's inventory balance does not change during the period. If the company's operating activities section of its statement of cash flows

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

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