Need clarification about Cash flow statment - Cash paid to suppliers.
Why closing inventory amount added and why opening inventory less from purchases?
Needed Expert advice.
santhosh prasanna (Manager Finance) (280 Points)
27 September 2012Need clarification about Cash flow statment - Cash paid to suppliers.
Why closing inventory amount added and why opening inventory less from purchases?
Needed Expert advice.
santhosh prasanna
(Manager Finance)
(280 Points)
Replied 27 September 2012
I need the reason, Why the difference of opening and closing inventory included in "CASH PAID TO SUPPLIER"? at any point even fluctuation of price in the inventory how does it affect suppliers payment?
santhosh prasanna
(Manager Finance)
(280 Points)
Replied 27 September 2012
Hi Rohit,
Finally i got the concept thank you.
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