Business, 28.02.2020 03:21 ob3ymysins

The cost of merchandise sold during the year was $54,000. Merchandise inventories increased by $2,000. Accounts payable increased by $3,000. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise are calculateda. $47,000
b. $51,000
c. $53,000
d. $49,000

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The cost of merchandise sold during the year was $54,000. Merchandise inventories increased by $2,00...

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