Multiple Choice
Gonzo Company reports a $25000 increase in inventory and a $12000 decrease in accounts payable during the year. Cost of Goods Sold for the year was $185000. Using the direct method of reporting cash flows from operating activities cash payments made to suppliers were
A) $185000.
B) $197000.
C) $222000.
D) $148000.
Correct Answer:

Verified
Correct Answer:
Verified
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