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determine cash collected from sales in 2020. determine the cash payments on accounts payable in 2020. Dubai Refreshment Company (DFC) presents the following information: Item

determine cash collected from sales in 2020.

determine the cash payments on accounts payable in 2020.

Dubai Refreshment Company (DFC) presents the following information: Item Accounts receivable Inventories PPE Accounts payable COGS Net sales 2020 $450,000 749,000 924,000 890,000 620,000 910,000 2019 480,000 531,000 700,000 663,000 580,000 570,000

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