Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

When computing quot;cash paid to suppliers for purchase of Inventory reported in the Operating Activities section of Statement of Cash Flowsquot;

When computing "cash paid to suppliers for purchase of Inventory reported in the Operating Activities section of Statement of Cash Flows" why we use the formula

Cash paid=purchased + Accounts payable(decreased) or Cash paid=purchased-Accounts payable (increased)?

Purchased=COGS+ MI (increased)

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question