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Up and Away Unlimited provides the following information for the period ended 30 June 2014: Cost of goods sold for the year $ 450 000
Up and Away Unlimited provides the following information for the period ended 30 June 2014: Cost of goods sold for the year $ 450 000 Discounts received for early payments to suppliers $25 000 Opening balance of trade creditors $210 000 Closing balance of trade creditors $240 000 Opening balance of inventory $111 000 Closing balance of inventory $130 000 What is the cash paid to suppliers for the period?
Select one:
a. $376 000
b. $474 000
c. $426 000
d. $415 000
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