Question

cost of goods sold for the year of $45 million. Total assets increased by $85 million, including an decrease of $16 million in inventory. Total liabilities increased by $25 million, including an increase of $4 million in accounts payable. The cash paid by the company to its suppliers is most likely closest to:

Answer 1

$25

Step-by-step explanation:

Cash paid to suppliers=Cost of goods sold-increase in accounts payable-decrease in inventory=$45-4-16=$25