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Boone Inc. reports the following: End of Year Beginning of Year Inventory $25,000 $40,000 Accounts Payable 30,000 10,000 If cost of goods sold for the
Boone Inc. reports the following: End of Year Beginning of Year Inventory $25,000 $40,000 Accounts Payable 30,000 10,000 If cost of goods sold for the year is $150,000, the amount of cash paid to suppliers is Select one: A. $185,000. B. $145,000. C. $155,000. D. $115,000.
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