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Calculate the cash sources or cash uses that should be recognized on the statement of cash flows for Baldin Co. for the year ended December 31, 2016:

Cost of goods sold amounted to $338,000, accounts payable increased by $49,000, and inventories increased by $34,000. How much cash was paid to suppliers?

USE of CASH

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92046511

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