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Concord Corporation reports a $38400 increase in inventory and a $9600 increase in accounts payable during the year. Cost of goods sold for the
Concord Corporation reports a $38400 increase in inventory and a $9600 increase in accounts payable during the year. Cost of goods sold for the year was $228000. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were O $189600. O $228000. O $199200. $256800.
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