Stanner Company's 2014 income statement reported cost of goods sold as $135,000.Additional information is as follows:

If Stanner uses the direct method,what amount should Stanner report as cash paid to suppliers in its 2014 statement of cash flows?

Question

Stanner Company's 2014 income statement reported cost of goods sold as $135,000.Additional information is as follows:

If Stanner uses the direct method,what amount should Stanner report as cash paid to suppliers in its 2014 statement of cash flows?

Quizplus · Accepted Answer

The Answer of Stanner Company's 2014 income statement reported cost of goods sold as $135,000.Additional information is as follows:

If Stanner uses the direct method,what amount should Stanner report as cash paid to suppliers in its 2014 statement of cash flows?

Stanner Company's 2014 Income Statement Reported Cost of Goods Sold