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Simmons Inc. reported cost of goods sold of $900,000 on their income statement for 2009. From the beginning until the end of 2009, accounts payable
Simmons Inc. reported cost of goods sold of $900,000 on their income statement for 2009. From the beginning until the end of 2009, accounts payable increased by a net amount of $30,000. How much "cash outflows for purchases" should Simmons report for 2009 on their statement of cash flows? $30,000 $870,000 $900,000 $930,000
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