Exercise Algo Determine cash paid to suppliers of merchandise LO
Determine the amount of cash paid to suppliers of merchandise for each of the nine independent situations below. All dollars are in points millions.
Note: Enter your answers in millions rounded to decimal place ie should be entered as
Answer is complete but not entirely correct.
tableSituationtableCost of GoodssoldtableInventory IncreaseDecreasetableAccounts PayableIncrease DecreasetableCash Paid toSuppliers