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ENGLISH uNITED STATES ( BLS - Northwest Builders, Inc. reported Cost of Goods Sold for...

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Accounting

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ENGLISH uNITED STATES ( BLS - Northwest Builders, Inc. reported Cost of Goods Sold for the current year of $300,000. During the same period, the Inventory account decreased $18,000 and the Accounts Payable account increased $24,000. The amount of cash paid to suppliers for inventory is: Select one: O A $282,000. B. $318,000. C. $276,000 D. $258,000. On the statement of cash flows, financing activities involve Select one O A. borrowing by signing a long-term note. O B. ending money. C. acquiring long-term assets D. purchasing investments If Cost of Goods Sold is $220,000, beginning inventory is $23,000, and ending inventory is $36,000, then the purchases from suppliers (assume all on account) would be: Select one: 1A. $59,000 O B. $233,000 O C. $207,000 D. $279,000

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