QUESTION 5 Correct Mark 1,00 out of 1.00 、Remove flag *Edit question Lowe's is the second-largest home improvement retailer in the world. During a recent fiscal year, Lowe's purchased merchandise inventory at a cost of $29,238 ($ millions). Assume that all purchases were made on account and that accounts payable is only used for inventory purchases. The following T-accounts reflect information contained in the company's balance sheets in millions. What amount did Lowe's pay in cash to its suppliers during the fiscal-year? Merchandise Inventories Accounts Payable Select one: Beg 5.911 Bal. A. $29,238 million End.B.$29,101 million End ° C. $137 million D. $2,832 million

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QUESTION 5
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、Remove flag
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Lowe's is the second-largest home improvement retailer in the world. During a recent fiscal year, Lowe's
purchased merchandise inventory at a cost of $29,238 ($ millions). Assume that all purchases were made
on account and that accounts payable is only used for inventory purchases. The following T-accounts
reflect information contained in the company's balance sheets in millions.
What amount did Lowe's pay in cash to its suppliers during the fiscal-year?
Merchandise Inventories
Accounts Payable
Select one:
Beg 5.911
Bal. A. $29,238 million
End.B.$29,101 million
End
°
C. $137 million
D. $2,832 million

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QUESTION 5 Correct Mark 1,00 out of 1.00 、Remove flag *Edit question Lowe's is the second-largest home improvement retailer in the world. During a recent fiscal year, Lowe's purchased merchandise inventory at a cost of $29,238 ($ millions). Assume that all purchases were made on account and that accounts payable is only used for inventory purchases. The following T-accounts reflect information contained in the company's balance sheets in millions. What amount did Lowe's pay in cash to its suppliers during the fiscal-year? Merchandise Inventories Accounts Payable Select one: Beg 5.911 Bal. A. $29,238 million End.B.$29,101 million End ° C. $137 million D. $2,832 million

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