The cost of merchandise sold for Kohl’s Corporation for a recent year was $8,639 million. The balance sheet showed the following current account balances (in millions):
|
|
Balance, |
Balance, |
|
|
End of Year |
Beginning of Year |
|
Merchandise inventories |
$2,238 |
$1,947 |
|
Accounts payable |
830 |
705 |
Determine the amount of cash payments for merchand