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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 the
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 (l.e., 5,500,000 should be entered as 5.5).) Situation Cost of Goods sold Accounts Payable Increase (Decrease) Cash Pald to Suppliers 0 1 2 Inventory Increase (Decrease) 0 3.4 (3.4) 0 110 110 110 110 0 3 4 5 110 0 7.6 (7.6) 76 (7.6) (7.6) 7,6 0 3.4 3.4 110 110 6 7 8 9 110 (3.4) (3.4) 110
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