Jump company uses the direct method to prepare its statement of cash flows. refer to the following information reported for 2017: cost of goods sold, $153,000 merchandise inventory, beginningbalance, $28,000 merchandise inventory, ending balance, $60,000 accounts payable, beginning balance, $8,100 accounts payable, ending balance, $5,100 operating expenses, $27,000 accruedliabilities, beginning balance, $2,900 accrued liabilities, ending balance, $6,000 use the direct method to compute the cash paid to suppliers. (accrued liabilities relate to operatingexpenses.)
a. $188,000
b. $164,100
c. $163,900
d. $211,900
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Jump company uses the direct method to prepare its statement of cash flows. refer to the following i...
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