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Business, 22.10.2020 19:01 terrancebest

The section showing cash flow from operations, using the indirect method, for Ushi Creamery reported an increase in inventories during the year of ¥255M. Accounts payable related to the purchase of inventories increased by ¥15M. The direct method would show cash payments for inventory, purchased and manufactured, totaling ¥2,100M. What is Ushi Creamery ‘s cost of goods sold?

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