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The financial statements of Juliet Company show the following: Beginning balance Ending balance Trade receivables $28,000 $22,000 Trade payables $11,000 $15,000 Purchases $74,000 How much

The financial statements of Juliet Company show the following: Beginning balance Ending balance Trade receivables $28,000 $22,000 Trade payables $11,000 $15,000 Purchases $74,000 How much cash was paid out to suppliers? $70,000. $74,000. $15,000. $11,000.

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