XYZ Corp. reported the following income statement and balance sheet data for fiscal 2019:Net Sales2,750Cost...
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Accounting
XYZ Corp. reported the following income statement and balance sheet data for fiscal 2019:
| Net Sales | 2,750 | |
| Cost of Goods Sold | 1,780 | |
| Interest Expense | 110 | |
| 12/31/19 | 1/1/19 | |
| Accounts Receivable | 550 | 490 |
| Inventory | 440 | 450 |
| Accounts Payable | 390 | 360 |
| Interest Payable | 30 | 10 |
Calculate the following numbers:
Cash collected from customers:
Cash paid for purchases of inventory:
Cash paid for interest:
Enter your answers as positive numbers
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