Tolquine's cost of goods sold is 1,520,000. Inventories move from 260,000 to 318,000, trade payables from 190,000 to 214,000. Compute purchases for the period and cash paid to suppliers.
- Cost of goods sold
- 1,520,000
- Opening inventories
- 260,000
- Closing inventories
- 318,000
- Opening trade payables
- 190,000
- Closing trade payables
- 214,000