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The following information is provided for Vet Corporation: Cost of goods sold (as reported) $2,560 Decrease in accounts receivable 160 Increase in merchandise inventory 100

The following information is provided for Vet Corporation:

Cost of goods sold (as reported)

$2,560

Decrease in accounts receivable

160

Increase in merchandise inventory

100

Decrease in accounts payable

90

Using the direct method, cost of goods sold adjusted to a cash basis equals Blank______.

Multiple choice question.

$2,570

$2,370

$2,750

$2,910

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