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  3. Study Set
    College Accounting Study Set 5
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    Exam 23: Statement of Cash Flows
  5. Question
    (Appendix) to Determine the Cash Generated from Operating Activities Under
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(Appendix) to Determine the Cash Generated from Operating Activities Under

Question 79

Question 79

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(Appendix) To determine the cash generated from operating activities under the direct method, cost of goods sold must be adjusted to reflect the cash paid to suppliers for merchandise.

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