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Concord Company reports the following: End of Year Beginning of Year Inventory $25000 $41300 Accounts Payable 22500 11600 If cost of goods sold for the
Concord Company reports the following:
End of Year | Beginning of Year | |
Inventory | $25000 | $41300 |
Accounts Payable | 22500 | 11600 |
If cost of goods sold for the year is $221000, the amount of cash paid to suppliers is
$206000.
$226400.
$248200.
$193800.
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