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    Financial Accounting Study Set 24
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    Exam 8: Reporting and Interpreting Property, Plant, and Equipment; Intangibles; and Natural Resources
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    A Company Recorded Net Purchases of $20
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A Company Recorded Net Purchases of $20

Question 150

Question 150

Multiple Choice

A company recorded net purchases of $20.3 billion for 20B. In 20A, ending trade payables was $1.2 billion and in 20B, it was $1.6 billion. How much cash was paid to suppliers in 20B?


A) $19.9 billion
B) $18.7 billion
C) $21.9 billion
D) $20.7 billion

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