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[answered] 124 Kinney reported cost of goods sold of $168,114,150 in i


124 Kinney reported cost of goods sold of $168,114,150 in its fiscal 2012 income statement. . Assuming that Kinney uses accounts payable strictly for inventory purchases and that all such purchases are on credit, how much cash did Kinney pay during the year for inventories: (a) To inventory suppliers? (b) To employees?
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