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Author Question: Parker Corporation provided the following financial information:Sales$225,000Cost of goods ... (Read 54 times)

bvyeehaw

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on: Feb 5, 2023
Parker Corporation provided the following financial information:

Sales$225,000
Cost of goods sold125,000
Operating expenses (includes $10,000 depreciation)60,000
Accounts receivable beginning/ending balances$45,000 and $38,000
Inventory beginning/ending balances60,000 and 56,000
Accounts payable beginning/ending balances28,000 and 32,000
Accrued liabilities beginning/ending balances12,000 and 15,000
Required:

Using the direct method, prepare the operating activities section of Parnell's statement of cash flows.
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by bvyeehaw on Feb 5, 2023

sadoniam

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bvyeehaw

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

T4T

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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