Using the direct method of reporting cash flows

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Bongo Company reports a $25,000 increase in inventory and a $10,000 decrease in accounts payable during the year. Cost of Goods Sold for the year was $180,000. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were

$180,000.

$190,000.

$215,000.

$135,000.

Reference no: EM13777781

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