Question
At the end of 2015, Sunland Enterprises Accounts Payable balance was $337,653; at the end of 2016, it was $156,894. Assume that the company purchased
At the end of 2015, Sunland Enterprises Accounts Payable balance was $337,653; at the end of 2016, it was $156,894. Assume that the company purchased $1,912,723 of inventory during 2016 and that Cost of Goods Sold for 2016 was $1,931,562. Calculate the companys cash payments to suppliers in 2016.
| Cash payments to suppliers |
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Corporate Environmental Reporting The Western Approach To Nature
Authors: Leanne J Morrison
1st Edition
0367785455, 9780367785451
