S Determine the amount of cash paid to suppliers of merchandise for each of the nine...
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S Determine the amount of cash paid to suppliers of merchandise for each of the nine independent situations below. All dollars are in millions. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Situation Cost of Goods sold 1 2 3 4 5 6 7 8 9 105 105 105 105 105 105 105 105 105 Inventory Increase (Decrease) 0 3.2 (3.2) 0 0 3.2 3.2 (3.2) (3.2) < Prev Accounts Payable Increase (Decrease) 2 of 7 ☐ --- --- 0 0 0 7.3 (7.3) 7.3 (7.3) (7.3) 7.3 Cash Paid to Suppliers Next > Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 Situation 1 2 3 4 LO 6 7 8 9 Cost of Goods sold 105 105 105 105 105 105 105 105 105 X Answer is complete but not entirely correct. Inventory Increase (Decrease) Accounts Payable Increase (Decrease) 0 3.2 (3.2) 0 0 3.2 3.2 (3.2) (3.2) < Prev 2 of 7 0 0 0 7.3 (7.3) 7.3 (7.3) (7.3) 7.3 be entered a Cash Paid to Suppliers Next 105.0 108.2 101.8 97.7 112.3 94.5 X 109.1 115.5 X 100.9 x S Determine the amount of cash paid to suppliers of merchandise for each of the nine independent situations below. All dollars are in millions. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). Situation Cost of Goods sold 1 2 3 4 5 6 7 8 9 105 105 105 105 105 105 105 105 105 Inventory Increase (Decrease) 0 3.2 (3.2) 0 0 3.2 3.2 (3.2) (3.2) < Prev Accounts Payable Increase (Decrease) 2 of 7 ☐ --- --- 0 0 0 7.3 (7.3) 7.3 (7.3) (7.3) 7.3 Cash Paid to Suppliers Next > Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 Situation 1 2 3 4 LO 6 7 8 9 Cost of Goods sold 105 105 105 105 105 105 105 105 105 X Answer is complete but not entirely correct. Inventory Increase (Decrease) Accounts Payable Increase (Decrease) 0 3.2 (3.2) 0 0 3.2 3.2 (3.2) (3.2) < Prev 2 of 7 0 0 0 7.3 (7.3) 7.3 (7.3) (7.3) 7.3 be entered a Cash Paid to Suppliers Next 105.0 108.2 101.8 97.7 112.3 94.5 X 109.1 115.5 X 100.9 x
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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