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The Following Information Is from Z,Inc

Question 175

Multiple Choice

The following information is from Z,Inc.'s December 31,2011 annual report: The following information is from Z,Inc.'s December 31,2011 annual report: Note: Z,Inc.does not sell to its customers on account; it collects cash from its customers in advance. Cash paid for interest on Z,Inc.'s statement of cash flows equals ________. A) $30,000 B) $28,000 C) $33,000 D) $32,000 Note: Z,Inc.does not sell to its customers on account; it collects cash from its customers in advance.
Cash paid for interest on Z,Inc.'s statement of cash flows equals ________.


A) $30,000
B) $28,000
C) $33,000
D) $32,000

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