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Columbia Sportswear Company reported cost of goods sold of U.S. $1,252,680 thousand on its 2015 income statement. It also reported a increase in inventory of
Columbia Sportswear Company reported cost of goods sold of U.S. $1,252,680 thousand on its 2015 income statement. It also reported a increase in inventory of U.S. $88,987 thousand and an increase in accounts payable of U.S. $2,955 thousand. What amount of cash was paid to suppliers, assuming that the company uses a perpetual inventory system and that accounts payable relate to merchandise creditors? Cash paid to suppliers $ thousand
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