(1) Introduction: Cash flow from operating activities calculates the inflow and outflow of cash. It includes operating income and operating expenses for the year. To find: The amount of cash paid to acquire inventory.

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Chapter 12, Problem 26QS

To determine

(1)

Introduction:

Cash flow from operating activities calculates the inflow and outflow of cash. It includes operating income and operating expenses for the year.

To find:

The amount of cash paid to acquire inventory.

To determine

(2)

To find:

The amount of cash paid for other expenses.

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