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The following information (in millions) on a company is available: Cost of goods sold $ 500 Increase in total assets 250 Increase in total liabilities
The following information (in millions) on a company is available:
Cost of goods sold $ 500
Increase in total assets 250
Increase in total liabilities 200
Change in inventory (30)
Change in accounts payable (25)
The amount of cash (in millions) that the company paid to its suppliers is closest to:
A. $505 B. $445 C. $495
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