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A company purchases its inventory from suppliers on account. During the year, its inventory account increased by $15 million and its accounts payable to suppliers

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A company purchases its inventory from suppliers on account. During the year, its inventory account increased by $15 million and its accounts payable to suppliers decreased by $2 million. If cost of goods sold was $460 million, its cash outflows to inventory suppliers totaled: Multiple Choice $473 million $477 million $443 million $447 million

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