What computations are necessary to calculate payments to suppliers?
Yayımlanmış cevap
It includes two separate computations: • Payments for operating expenses. • Payments for inventory. To calculate payments for inventory you will need cost of goods sold (from income statement), Inventory and Accounts Payable (from balance sheet). This computation will convert cost of goods sold to cash basis.
Cevabın yayımlanmış cevapla uyuştu mu?