Consider the following

1 Assume cost of goods sold on an accrual basis is 300,000, accounts payable increased by 20,000, and inventory increased by 50,000. Cash paid for merchandise is: Select one or more: I a. 230,000. b. 370,000 I c. 330,000 I d. 270,000 2 Investing activities include all of the following except: Select one or more: I a. Sale of available-for-sale and held-to-maturity securities. b. Making of loans. I c. Collection of loans. d. Payment of debt