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The following information is available for O'Hara Company for 2016.O'Hara uses the direct method to prepare its statement of cash flows.
a)What amount of cash was paid for the purchase of merchandise?
b)How will the amount computed in a)be shown on the Statement of Cash Flows?
Categorize
To classify or organize items or ideas into specific groups or classes based on shared characteristics or criteria.
Other-Race Effect
The tendency to more easily recognize faces of the race that one is most familiar with (also known as cross-race effect or own-race bias).
Recognition
The process of identifying something or someone previously seen, known, or experienced.
Social Changes
Alterations in the social structure, patterns, and behavior of a society over time.
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