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Business, 01.10.2019 22:30 postolachiveaceslav9

Cash paid for merchandise purchases the cost of merchandise sold for kohl’s corporation for a recent year was $12,265 million. the balance sheet showed the following current account balances (in millions): balance, end of year balance, beginning of year merchandise inventories $4,038 $3,814 accounts payable 1,251 1,511 determine the amount of cash payments for merchandise.

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