Answer:
Cash Payment to Suppliers = $4,715.8 million
Cash payments for operating expenses = $9,309.6 million
Explanation:
Given
Cost of goods = $4,852.7 million
Depreciation expense = $1,201 million
Operating expenses = $10,671.5 million
Increased inventory = $18.1 million
Accrued expenses payable increased = $160.9 million
Accounts Payable (merchandise suppliers) increased = $136.9 million
Calculating cash payment to suppliers.
This is calculated by getting the difference between cost of goods sold and the increment in account payable.
Mathematically,
Cash Payment to Suppliers = Cost of goods sold - Increase in accounts payable
Cash Payment to Suppliers = $4,852.7 million - $136.9 million
Cash Payment to Suppliers = $4,715.8 million ---- Solved
Calculating cash payments for operating expenses
This is calculated by getting the difference between the operating expenses, the depreciation and the increase in accrued expenses payable
Mathematically,
Cash payments for operating expenses = Operating expenses - Depreciation - Increase in accrued expenses payable
Cash payments for operating expenses = $10,671.5 million - $1,201 million - $160.9 million
Cash payments for operating expenses = $9,309.6 million --- Solved
