Question
During the year, a company sold $500 of inventory, paid $400 to suppliers for inventory previously purchased on account, purchased $100 of inventory for cash,
During the year, a company sold $500 of inventory, paid $400 to suppliers for inventory previously purchased on account, purchased $100 of inventory for cash, acquired $75 of inventory from another company in an acquisition, and translated into US dollars the value of inventory held in foreign subsidiaries, which increased inventory by $25. Which of these Inventory transactions would show up in the operating section of the SCF? (check all that apply)
a)Sold $500 of inventory
b)Purchased $100 of inventory for cash
c)The value of inventory held in foreign subsidiaries increased by $25 when translated into US dollars
d)Acquired $75 of inventory from another company in an acquisition
e)Paid $400 to suppliers for inventory previously purchased on account
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