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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
In a company that uses the direct method to prepare the statement of cash flows, the amount of cash it uses to purchase inventory is computed as
A) cost of goods sold plus ending inventory, plus beginning inventory.
B) beginning inventory minus ending inventory, minus cost of goods sold.
C) cost of goods sold plus ending inventory.
D) cost of goods sold plus ending inventory, minus beginning inventory.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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