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mghmiddleware%252Fmheproduct-252 Aindow.hr/activity question-grup/AZADEROS A companys Inventory balance at the end of the ye

Help Save & Exh Sulem companys Inventory balance at the end of the year was $203,300 and $217,000 at at the beginning of the

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Answer #1

Option ( C ).

Total cash payments for the company = Cost of goods sold + opening inventory - closing inventory + accounts payable at the beginning + accounts payable at the end

Total cash payments for the company = $737,000 + $217,000 - $203,300 + $95,300 - $101,000

Total cash payments for the company = $745,000

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