The following information was taken from the 2014 annual report of Bed Bath & Beyond, a leading

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The following information was taken from the 2014 annual report of Bed Bath & Beyond, a leading household retailer (dollars in thousands):

2014 2013 Cost of goods $6,938,381 $7,261,397 sold 2,578,956 Inventory 2,731,881 Accounts payable 1,156,368 1,104,668

a. Assume that accounts payable reflects only accounts with inventory suppliers, and compute the cash payments made to suppliers during 2014.
b. Would this dollar amount be disclosed on the statement of cash flows? Explain.

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