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Exercise 21-5 (Algo) Determine cash paid to suppliers of merchandise [LO21-3] Determine the amount of cash paid to suppliers of merchandise for each of
Exercise 21-5 (Algo) Determine cash paid to suppliers of merchandise [LO21-3] Determine the amount of cash paid to suppliers of merchandise for each of the nine independent situations below. All dollars are in millions. (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 Inventory Increase (Decrease) Accounts Payable Increase (Decrease) 1 140 0 0 2 140 4.6 0 3 140 (4.6) 0 4 140 0 9.4 5 140 0 (9.4) 6 140 4.6 9.4 7 140 4.6 (9.4) 8 140 (4.6) 9 140 (4.6) 66 (9.4) 9.4 Cash Paid to Suppliers
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