1. A company reports its cost of goods sold as $15.0 billion in 2009. It has $2.9 billion in inventory and reports accounts payable at $1.2 billion in 2009. In 2008, ending inventory was reported at $3.1 billion and accounts payable was $1.4 billion. How much cash was paid to suppliers for 2009?
A) $14.8 billion
B) $15.0 billion
C) $15.2 billion
D) $15.7 billion
E) None of the above
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