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Multiple Choice Question 131 Sheffield Company reports the following: Inventory Accounts Payable End of Year $26000 21900 Beginning of Year $42400 13000 If cost of

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Multiple Choice Question 131 Sheffield Company reports the following: Inventory Accounts Payable End of Year $26000 21900 Beginning of Year $42400 13000 If cost of goods sold for the year is $219500, the amount of cash paid to suppliers is O $194200. $244800. O $227000. O $204500. Multiple Choice Question 68 Concord Company issued common stock for proceeds of $382000 during 2019. The company paid dividends of $75000 and issued a long-term note payable for $94000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $17000. The financing section of the statement of cash flows will report net cash innows of $365000 $290000 $474000 $307000

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