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The following items appeared on the financial statements of Washington Company. Washington Company uses the direct method to report cash flows from (used for) operating

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The following items appeared on the financial statements of Washington Company. Washington Company uses the direct method to report cash flows from (used for) operating activities. Assume that all accounts payable are owed to merchandise suppliers. Cash payments for merchandise were a. 533,390 b. 535,690 c. 539,204 d. 536,904

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