The following information is from Cameron Corporation's year-end 2009 and 2010 balance sheets and 2009 and 2010 income statements:

Required:
a. How much inventory did Cameron purchase during 2010?
b. How much cash did Cameron Corporation disburse to its vendors during 2010?
c. Assuming that Cameron prepares its statement of cash flows using the direct method, how will Cameron's cash payments to its vendors appear on its statement of cash flows?

Question

The following information is from Cameron Corporation's year-end 2009 and 2010 balance sheets and 2009 and 2010 income statements:
  
	Required:
a.	How much inventory did Cameron purchase during 2010?
b.	How much cash did Cameron Corporation disburse to its vendors during 2010?
c.	Assuming that Cameron prepares its statement of cash flows using the direct method, how will Cameron's cash payments to its vendors appear on its statement of cash flows?

Quizplus · Accepted Answer

The Answer of The following information is from Cameron Corporation's year-end 2009 and 2010 balance sheets and 2009 and 2010 income statements:
  
	Required:
a.	How much inventory did Cameron purchase during 2010?
b.	How much cash did Cameron Corporation disburse to its vendors during 2010?
c.	Assuming that Cameron prepares its statement of cash flows using the direct method, how will Cameron's cash payments to its vendors appear on its statement of cash flows?

The Following Information Is from Cameron Corporation's Year-End 2009 and 2010