The cost of merchandise sold for Kohl's Corporation for a recent year was $9,891 million. The balance

Question:

The cost of merchandise sold for Kohl's Corporation for a recent year was $9,891 million.

The balance sheet showed the following current account balances (in millions):

Determine the amount of cash payments for merchandise.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...