Business, 31.12.2019 02:31 sierravick123owr441

In its income statement, fox co. reported cost of goods sold of $540,000. changes occurred in several balance sheet accounts as follows:

inventory $40,000 increase

accounts payable-suppliers 160,000 increase

what amount should fox report as cash paid to suppliers in its cash flow statement, prepared under the direct method?

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In its income statement, fox co. reported cost of goods sold of $540,000. changes occurred in severa...

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