Business
Business, 12.06.2020 17:57, allieb12334

A company purchases its inventory from suppliers on account. During the year, its inventory account increased by $13 million and its accounts payable to suppliers decreased by $5 million. If cost of goods sold was $500 million, its cash outflows to inventory suppliers totaled:

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A company purchases its inventory from suppliers on account. During the year, its inventory account...

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