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    Fundamental Accounting Principles Study Set 8
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    Exam 16: Reporting and Analyzing Cash Flows
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    Use the Information Provided About the Current Year Operations of Upper
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Use the Information Provided About the Current Year Operations of Upper

Question 7

Question 7

Multiple Choice

Use the information provided about the current year operations of Upper Down Company to calculate cash paid for merchandise.


A) $111,600.
B) $112,900.
C) $112,800.
D) $111,200.
E) $110,800.

Correct Answer:

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