Simmon Incorporations cost of goods purchased amounted to $20,000. From the beginning until the end...
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Accounting
Simmon Incorporations cost of goods purchased amounted to $20,000. From the beginning until the end of 2011, accounts payable increased by a net amount of $7,000. How much "cash outflows for purchases" should Simmons report for 2011 on their statement of cash flows
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