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Using the direct method, how do we calculate the amount of cash spent on inventory? Select one: a. Ending Inventory - Beginning Inventory - COGS
Using the direct method, how do we calculate the amount of cash spent on inventory? Select one: a. Ending Inventory - Beginning Inventory - COGS b. Beginning Accounts Payable + Purchases - Ending Accounts Payable c. Ending Inventory + Beginning Inventory + COGS d. Ending Inventory - Beginning Inventory + COGS
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