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Marigold Corp. prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2021, Marigold Corp. reports the following activity: Sales on account $2060000 Cash sales 1103000 Decrease in accounts receivable 916000 Increase in accounts payable 112000 Increase in inventory 79000 Cost of goods sold 1574000 What is the amount of cash payments to suppliers reported by Marigold Corp. for the year ended December 31, 2021
Answers: 1
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Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.
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Marigold Corp. prepares its statement of cash flows using the direct method for operating activities...
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