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3 Exercise 21-5(Algo) Determine cash paid to suppliers of merchandise [LO21-3] ...

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Accounting

3
Exercise 21-5(Algo) Determine cash paid to suppliers of merchandise [LO21-3]
1.66 Determine the amount of cash paid to suppliers of merchandise for each of the nine independent situations below. All dollars are in points millions.
Note: Enter your answers in millions rounded to 1 decimal place (i.e.,5,500,000 should be entered as 5.5).
Answer is complete but not entirely correct.
\table[[Situation,\table[[Cost of Goods],[sold]],\table[[Inventory Increase],[(Decrease)]],\table[[Accounts Payable],[Increase (Decrease)]],\table[[Cash Paid to],[Suppliers]]],[1,105,0,0,105.0],[2,105,3.2,0,108.2],[3,105,(3.2),0,101.8],[4,105,0,7.3,97.7],[5,105,0,(7.3),112.3],[6,105,3.2,7.3,100.9],[7,105,3.2,(7.3),115.5],[8,105,(3.2),7.3),94.0],[9,105,(3.2),7.3,109.0)]]
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