Brad Ford Company reports a $32,000 increase in inventory and a $8,000 increase in accounts payable during the year. Cost of goods sold for the year was $190,000. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were
A) $190,000.
B) $214,000.
C) $166,000.
D) $166,000
Correct Answer:
Verified
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