Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 3.00

Lester Enterprises

Lester Enterprises’ comparative balance sheets included inventory of $90,200 at December 31, 2009, and $70,600 at December 31, 2010. Lester’s comparative balance sheets also included accounts payable of $57,700 at December 31, 2009, and $39,200 at December 31, 2010. Lester’s accounts payable balances are composed solely of amounts due to suppliers for purchases of inventory on account. Cost of goods sold, as reported by Lester on its 2010 income statement, amounted to $770,900. What is the amount of cash payments for inventory that Lester will report in the Operating Activities section of its 2010 statement of cash flows assuming that the direct method is used?

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 03:07 PM My Price 3.00

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