Cost of goods sold plus an increase in inventory minus an increase in accounts payable would equal cash paid to suppliers.

Name: Cost of goods sold plus an increase in inventory minus an increase in accounts payable would equal cash paid to suppliers.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The formula for cash paid to suppliers is: Cost of Goods Sold + Increase in Inventory - Increase in Accounts Payable. This accounts for the cash outflow related to purchasing inventory and paying suppliers.

Cost of Goods Sold Plus an Increase in Inventory Minus