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Cash Paid for Merchandise Purchases
The cost of merchandise sold for Patterson Corporation for a recent year was $9,073 million.
The balance sheet showed the following current account balances (in millions): Balance,
End of Year Balance, Beginning of Year
Merchandise inventories $2,377 end of year
$2,050 start of year
Accounts payable 853 end of year
762 start of year
Determine the amount of cash paid for merchandise. in millions
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