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Acompany's inventory balance at the end of the year was $188,000 and $200,000 at the beginning of the year. its accounts payable balance at the end of the year was $84,000 and $80,000 at the beginning of the year, and its cost of goods sold for the year was $720,000. the company's total amount of cash payments for merchandise during the year equals:
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Acompany's inventory balance at the end of the year was $188,000 and $200,000 at the beginning of th...
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