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Which cash paid for inventory computed under direct method

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Reference no: EM132694070

Problem 1: Cash paid for inventory is computed under the direct method on the statement of cash flows by

a adding an increase in inventory to cost of goods sale

b deducting an increase in inventory to cost of goods sold

c adding an increase in inventory and an increase in accounts payable to cost of goods sold

d adding an increase in inventory and deducting an increase in accounts payable to cost of goods sold

Reference no: EM132694070

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