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To convert Cost of Goods Sold on the income statement to Cash Paid to Suppliers...

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Accounting

To convert Cost of Goods Sold on the income statement to Cash Paid to Suppliers on the statement of cash flows, changes in Blank______ need(s) to be added/subtracted to Cost of Goods Sold depending on the direction of the change(s).
Multiple choice question.
both Accounts Payable and Inventory
Accounts Receivable only
both Accounts Receivable and Inventory
Inventory only
Accounts Payable only

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