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LaRoe Lawns inventory increased during the year by $ 5 . 8 million. Its accounts payable increased by $ 8 . 4 million during the
LaRoe Lawns inventory increased during the year by $ million. Its accounts payable increased by $ million during the same period.
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What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $ million? Prepare a summary entry that represents the net effect of merchandise purchases during the reporting period.
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