(Solution) - Lowes Companies a retailer of home improvement products reported cost -(2025 Original AI-Free Solution)

Paper Details

Lowes Companies, a retailer of home improvement products, reported cost of goods sold of $24,165 million for Year 4. It reported merchandise inventories of $4,584 million at the beginning of Year 4 and $5,982 million at the end of Year 4. It reported accounts payable to suppliers of $2,212 million at the beginning of Year 4 and $2,687 million at the end of Year 4. Compute the amount of cash paid to merchandise suppliers during Year 4.