Data Solutions reports cost of goods sold of $75 million.Inventory at the beginning and end of the year are $8 million and $9 million,respectively.Accounts payable at the beginning and end of the year are $5 million and $3 million,respectively.What is the amount of cash paid to suppliers?
A) $78 million.
B) $72 million.
C) $75 million.
D) $76 million.
Correct Answer:
Verified
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