Business, 11.12.2019 21:31 kennedy5550

The bears corporation has provided you the following information: increase in accounts receivable balance 50,000 net sales 500,000 gross profit as a percentage of net sales 40 % increase in the inventory account 45,000 accounts payable balance decreased 17,000 accounts receivable writeoffs 7,500 bad debt expense 10,000

required:
a. determine the cash collected from customers.
b. determine the cash paid to suppliers.

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The bears corporation has provided you the following information: increase in accounts receivable b...