Question
Haley Inc. had the following information related to last year's purchases: Cost of goods purchased $85,000 Accounts payable beginning 3,000 Accounts payable ending 5,000 What
Haley Inc. had the following information related to last year's purchases: Cost of goods purchased $85,000 Accounts payable beginning 3,000 Accounts payable ending 5,000 What amount would be reported as "cash outflows for purchases" on the statement of cash flows using the direct method?
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Financial Accounting Longman Modular Texts In Business And Economics
Authors: Christopher Waterston, Anne Britton
2nd Edition
058238169X, 978-0582381698
