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16.07.2022 - 04:35

Is cash paid for inventory purchases associated with a cash inflow or cash outflow? Under which category would it be reported on a statement of cash flows?

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Is cash paid for inventory purchases associated with a cash inflow or cash outflow? Under which category would it be reported on a statement of cash flows?

Answers (1)

Jean April 17, 2023 в 11:25

Cash paid for inventory purchases is associated with a cash outflow. This is because the company is using its cash reserves to purchase inventory. On a statement of cash flows, it would be reported under the operating activities section as a cash outflow.

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